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Thailand, Vietnam, Taiwan in the crosshairs of Trump's tariffs

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From Reuters

 

As U.S. President Donald Trump's new trade tariffs on China, Mexico and Canada kick off, sparking another trade war, countries in Asia's complex and integrated global supply chain are in the crosshairs.
 
The following graphics illustrate Asia's exposure to U.S. tariffs on China and the escalating trade war, which is set to impact exports and growth in the region.
 
Vietnam, Taiwan, and Thailand are the most exposed to increased U.S. tariffs due to their high export-to-GDP ratios with the United States.
 
image.thumb.png.88a051c8efd9a8b07ccb9b3cc3d6c25b.png
 
With Trump proposing tariffs targeting sectors such as semiconductors, pharmaceuticals, steel, and aluminium, Nomura expects over a quarter of exports from South Korea, Japan, Malaysia, the Philippines and Taiwan could be affected.
 
Continues at
 
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