Tag #Asia Economy

Showing 1 to 11 of 11 results

europe.chinadaily.com.cn
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US Tariffs Force Asian Trade Diversification

Since August 7, 2023, the US has imposed tariffs ranging from 10 to 50 percent on Asian goods, forcing Asian countries to diversify trade partners, upgrade their supply chains, and seek alternative economic partnerships like BRICS and RCEP to mitigate the impact of US protectionism.

Progress

40% Bias Score

Decent Work and Economic Growth
abcnews.go.com
🌐 85% Global Worthiness
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Trump's Tariffs Trigger Asian Market Retreat

President Trump's new tariffs on 68 countries and the EU, effective in seven days, caused Asian markets to fall on Friday, with Japan's Nikkei 225 down 0.7% and South Korea's Kospi down 3.5%, following a negative day on Wall Street where the S&P 500 fell 0.4% for its third straight decline, although...

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40% Bias Score

Reduced Inequality
bbc.com
🌐 85% Global Worthiness
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Trump's Tariffs Throw Asian Economies into Disarray

President Trump's threatened tariffs on Asian goods, initially reaching 46%, are causing widespread economic disruption, forcing businesses to re-evaluate their supply chains, seek new markets, and adjust pricing; while some countries negotiate trade deals, others face significant challenges.

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48% Bias Score

Decent Work and Economic Growth
bbc.com
🌐 90% Global Worthiness
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Asian Markets Plunge on Trump's Tariffs

Asian stock markets plummeted following President Trump's new tariffs, with Hong Kong's Hang Seng index down 12%, Japan's Nikkei index down 6.5%, and China's main index down over 6%, sparking global recession fears.

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48% Bias Score

Decent Work and Economic Growth
africa.chinadaily.com.cn
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US Tariffs Create Uncertainty for Asian Economies

The US is using tariffs to reduce its trade deficit, impacting Asian economies significantly due to their large trade surpluses and integration with China's global value chains, potentially leading to growth slowdowns and policy responses.

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36% Bias Score

Decent Work and Economic Growth
china.org.cn
🌐 85% Global Worthiness
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Boao Forum Highlights Asia's Growing Economic Power and Technological Advancements

The 2025 Boao Forum for Asia, held in Hainan, China from March 25-28, focused on Asia's role in navigating global economic challenges and promoting sustainable development, highlighting regional cooperation, technological advancements, and China's pivotal role in rebalancing globalization.

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48% Bias Score

Decent Work and Economic Growth
bbc.com
🌐 85% Global Worthiness
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Trump Tariffs: Uneven Impact on Asian Economies

President Trump's tariffs on Asian goods, announced on April 2nd, have resulted in varied outcomes across the region, with Laos and Myanmar facing 40% levies, while allies like Japan and South Korea negotiated lower rates, highlighting the impact of political relationships on trade.

Progress

40% Bias Score

Reduced Inequality
bbc.com
🌐 90% Global Worthiness
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Trump's Tariffs Force Global Businesses to Adapt Amidst Economic Uncertainty

President Trump's unpredictable tariff policy is creating significant uncertainty for businesses globally, forcing companies like GlobalFoundries to adapt their operations and increase investments to mitigate risks; countries in Southeast Asia face substantial economic consequences.

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60% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
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Manulife's Q1 2025 Earnings: Asian Growth Offsets U.S. Decline

Manulife reported a Q1 2025 slight increase in core earnings to $1.76 billion despite a 40 percent net income drop to $485 million, a $43 million wildfire loss, and a 25 percent U.S. core earnings decline; however, a nearly 50 percent surge in Asian sales offset these losses.

Progress

48% Bias Score

Decent Work and Economic Growth
europe.chinadaily.com.cn
🌐 85% Global Worthiness
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US Tariffs Pressure Asian Economies

The US is using tariffs to pressure Asian economies, particularly those with large trade surpluses like Vietnam (25% of GDP) and Thailand (10% of GDP), to increase purchases, defense spending, lower tariffs on US imports or match US tariffs on China, creating uncertainty and impacting corporate conf...

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48% Bias Score

Decent Work and Economic Growth
nbcnews.com
🌐 85% Global Worthiness
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Asian Markets Tumble on U.S. Tariff Fears

Concerns over broad U.S. tariffs caused Asian share markets to tumble on Monday, with MSCI's broadest index of Asia-Pacific shares outside Japan falling nearly 2% and emerging Asian markets dropping 2% to their lowest point since early March; South Korea's KOSPI dropped 3%, while Taiwan's benchmark ...

Progress

48% Bias Score

Decent Work and Economic Growth

Showing 1 to 11 of 11 results