Asia, the world's economic engine, prepares for Trump shock
Tuesday, 12 November 2024 () Tokyo (AFP) Nov 10, 2024
Some Asian countries stand to gain if US president-elect Donald Trump pushes ahead with his promised massive tariffs on China and triggers a new wave of factory relocations to the rest of the region. But a trade war between the world's biggest economies would also destabilise markets everywhere, with Asia - which contributes the largest share of global growth - the most affected. Trump
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