Trade tensions and Trump tariffs remain a key risk for Asia (especially for Vietnam, given its reliance on US demand). That said, the region could also benefit from trade diversion as US firms shift away from China. Looking beyond the trade war, with growth set to remain weak and inflation low, further rate cuts are likely across much of the region. Taiwan and India, where rates will probably stay on hold through year-end, are the exceptions.
Subscriber content
Read this in full, free
Start a free trial and use one of your 10 free starter credits to unlock this piece.