Asia factory activity shrinks as US tariffs bite; China bucks trend

TOKYO — US tariffs took a toll on factory activity across Asia, overshadowing a surprisingly upbeat performance in China, private surveys showed on Monday, keeping pressure on policymakers to underpin ... Read More

South Korea factory activity shrinks for 7th month on higher US tariffs, PMI shows

South Korea's factory activity weakened for the seventh consecutive month in August, as overseas demand dropped on U.S. President Donald Trump's higher tariffs, a business survey showed on Monday. Read More

Chinese factory, consumer activity slow amid economy struggles

China's economy showed further signs of weakness last month, with key data Monday revealing factory output and consumption rising at their weakest pace for around a year. Read More

European factories return to growth, Asia activity shrinks

Euro zone factories grow for first time since mid-2022 China's private survey shows unexpected growth in August Japan, South Korea, Taiwan PMIs shrink Analysts expect US tariff hit to intensify in ... Read More

Southeast Asia Looks for Clarity From U.S. on ‘Rules of Origin’

Thailand, Vietnam and other countries in the region face much higher tariffs on exports with Chinese-made components. But questions remain on how the U.S. defines a locally made product. By Sui-Lee ... Read More

Tariffs Can Improve U.S. Economy, But Global Trade Realities, Retaliation, Could Offset Gains

The United States could achieve modest economic benefits by applying uniform tariffs on all trade partners, according to new research led by a University of California, Davis, economist. However, the ... Read More

Global Economy Took Tariff Hike in Its Stride, But Stronger Headwinds Are Ahead

The global economy appears to have taken a sharp rise in U.S. tariffs and increased uncertainty about the future of the international trading system in its stride, but faces stronger headwinds as tax ... Read More

Trump Tariffs Seen Fostering New China-Global South Trade Order

President Donald Trump’s tariff war is accelerating Beijing’s trade and investment push into developing nations known as the Global South, according to research by S&P Global, potentially creating a ... Read More

Trump’s Tariffs Could Decimate Asia’s Smallest Economies and Weaken U.S. Influence

Blog posts represent the views of CFR fellows and staff and not those of CFR, which takes no institutional positions. In recent weeks, White House economic policy has focused on making deals, keeping ... Read More