Hey everyone, here’s the scoop: UBS’s latest research shows that rising U.S. tariffs could slow growth in the Asia-Pacific region by up to 100 basis points! 📉 Export-driven economies like Japan, South Korea, Thailand, Singapore, and Malaysia are feeling the burn as their strong ties with the U.S. market put them in the crosshairs.
UBS Asia-Pacific economist Philip Wyatt pointed out that even the uncertainty around tariff policies is already causing major ripples in global supply chains and shaking up investment decisions. Imagine trying to launch your startup while dealing with buggy software – that’s the vibe in the business world right now!
For us young professionals and tech enthusiasts in South and Southeast Asia, these economic shifts are more than just numbers. They’re real signals that can influence market trends, job opportunities, and even the next big innovation. Stay tuned and keep your eyes on how these changes could shape our future! 🚀
Reference(s):
Economist: U.S. tariffs slow growth, Asian exporters bear brunt
cgtn.com
