US EditionTrump tariffs spark fears for Asian jobs, exporting sectors
- President Trump imposed sweeping import levies on Wednesday, impacting several Asian economies.
- These tariffs stemmed from Trump's broader global trade strategy, causing immediate market reactions.
- Vietnam faced tariffs of 46%, while Taiwan saw a 32% levy, excluding semiconductor shipments.
- Jason Hsu stated the 32% levy "came as a surprise," catching Taiwan's government off guard.
- Across Asia, factory workers and analysts voiced concerns that jobs and key sectors are at risk.
44 Articles
44 Articles
EU fears an avalanche of Asian products not sold in US
The shock of the U.S. trade war against the world opened by Donald Trump threatens to have indirect effects. One of them may be the diversion of products that could so far be sold in the first world economy, but that from the entry into force of the tariffs will be increased and therefore will not find demand. They would be, above all, those coming from Asian countries, especially punished in this round of the trade war announced by the U.S. Pre…
Seeked safe havens, giants of technology that deviate... After Trump's announcements on customs duties, financial markets are agitating
These U.S. customs measures could ring the bells of the production model of many sectors, which manufacture components or all of their products in plants in Asia.
On-line, customs duties announced by Donald Trump: Emmanuel Macron receives at 4 p.m. at the Elysée the "representatives of the affected sectors"
Aeronautics, chemistry, agriculture and viticulture, automotive, pharmacy... several representatives of the most exporting sectors will be present, as will the Prime Minister, François Bayrou, and several ministers.
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