Tariff Policy Impact on Asia – No Trade War…Yet – Taiwan To Be Hardest Hit

All eyes are on the actions of the world’s two largest economies – the US and China – as details further unfold on import tariff policy measures. Trade tensions were further escalated last week as US President Donald Trump unveiled plans for a 25% tariff on up to $60bn of Chinese imports. Bark exceeding Bite? But will the tensions in this round of tariffs diffuse as fast as they did the steel imports? The steel import tariffs announced less than a handful of weeks earlier have subsequently been clarified to encompass a far narrower range of importers than initially hinted…