U.S. President Donald Trump's aggressive tariff strategy, introduced after taking office in January 2025, has sent shockwaves through global markets. The doubling of tariffs on imports from the Chinese mainland to 20% has intensified cross-Pacific trade tensions, with businesses scrambling to navigate soaring costs and disrupted supply chains.
Experts warn the measures risk triggering retaliatory actions from affected countries and regions, including Canada, the European Union, and the Chinese mainland. San Francisco-based supply chain analyst Lina Wu noted, 'This creates a ripple effect—small manufacturers in Southeast Asia, European tech firms, and U.S. consumers all feel the pinch.'
In China, export-driven industries are exploring diversification strategies, while European automakers brace for potential U.S. levies on electric vehicles. The uncertainty has prompted investors to reassess Asian market stability, with tech and green energy sectors under heightened scrutiny.
As global financial institutions revise growth forecasts, KhabarAsia continues to monitor how these developments may reshape Asia's economic partnerships and innovation trajectories.
