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Not ‘the end of the story’; some relief in Asia-Pacific over new Trump tariffs but concerns remain
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Vietnam’s tariff rate, despite ongoing negotiations and early momentum, remains at a previously announced 20 per cent.
PHOTO: AFP
Yip Wai Yee, Jonathan Pearlman, Nirmala Ganapathy, Azril Annuar and Philip Wen
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TAIPEI/SYDNEY/NEW DELHI/KUALA LUMPUR/BANGKOK – Several economies across the Asia-Pacific can now breathe a cautious sigh of relief after Washington lowered tariff rates for their exports.
But government officials, business groups and analysts said the announcements are by no means the end of their trade uncertainties, as it is still too early to assess the full extent of the impact.
