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Why Asia Was Hit Hardest by Trump's Tariff Onslaught
Why Asia Was Hit Hardest by Trump's Tariff Onslaught

Bloomberg

time08-04-2025

  • Business
  • Bloomberg

Why Asia Was Hit Hardest by Trump's Tariff Onslaught

By and Naomi Ng Save Never miss an episode. Follow The Big Take Asia podcast today. US President Donald Trump shocked the world – and global markets – with tariffs that exceeded expectations last week. But there was one region that was hit harder than most: Asia. Exporting powerhouses like China and Vietnam were slapped with some of the highest levies of any country, with China now facing an additional 50% tariff, bringing the total rate of its levies to more than 100%.

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