Treasury & Capital Markets
Tariff retaliation reduces growth across all economies
Impacts, most pronounced on US, mainly driven by global trade slowdown, Asian economies urged to diversify, ease tensions
Peter Starr
10 Apr 2025
How would developing Asian economies fare if America imposes punitive “reciprocal tariffs” announced on April 2 in the current quarter while its trading partners retaliate with tariff hikes equivalent to 50% of the US tariffs?
