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New tariffs rattle Asian nations reeling from Trump trade war
Business Standard
|September 27, 2025
US President Trump's latest tariffs sent shock waves throughout Asia, heaping additional turmoil on companies already grappling with uncertainty, while adding further complexity for trade officials ironing out the details of recently struck trade agreements.
In a sign of the frenetic nature of US policy, Jamieson Greer, the US trade representative, signalled that the administration was not planning more tariffs
(PHOTO: REUTERS)
As the source of about 40 percent of goods imported into the United States, Asia has borne the brunt of Trump's campaign to rewrite the rules of global trade. Trade officials across the region have scrambled to strike deals with his administration over the last several months to prevent punishing tariffs from crippling domestic industries.
This story is from the September 27, 2025 edition of Business Standard.
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