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Under the Banyan Tree - Asia awaits Trump's call on tariffs

HSBC Global Viewpoint

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Tariff Impacts on U.S.-Asian Trade and Future Supply Chains

This chapter examines how tariffs affect U.S.-Asian trade, specifically the front-loading of imports by retailers in anticipation of higher future tariffs. It forecasts a slowdown in shipments later in the year and discusses the implications for supply chains, which may remain focused in Asia despite economic pressures.

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