Asia battered by Trump’s harsh tariff

by

Ed.

From johnmenadue.com: Asian nations, particularly Cambodia, Laos, and Vietnam, face severe economic strain due to Donald Trump’s new reciprocal tariffs, with rates reaching nearly 50% for the poorest countries.

China’s dominance in the electric vehicle sector is solidified by Trump’s auto tariffs, which disadvantage South Korea and Japan, while a recent earthquake in Myanmar highlights the ongoing humanitarian crisis exacerbated by military actions.

Concerns rise over black carbon pollution in Asia, and India and the US move forward with a nuclear energy partnership aimed at competing with China’s advancements in small modular reactor technology.

Filed under: Economy, Export Trade & EMDG