Source link : https://news7.asia/news/how-trumps-tariffs-are-shaping-asias-economic-landscape-from-taiwan-to-india/
The ripple effects of tariffs imposed during the Trump administration continue to reverberate across Asia, with countries like Taiwan and India feeling the economic strain. Originally aimed at addressing trade imbalances with China, these tariffs have disrupted regional supply chains and reshaped market dynamics, prompting businesses and policymakers in Asia to adapt to an increasingly complex trade environment. This article explores how the legacy of the Trump-era tariffs is influencing economic relations and industrial strategies across the continent.
Impact of US Tariffs on Taiwan and India’s Export Strategies
US tariffs introduced during the Trump administration have fundamentally reshaped export strategies across Asia, hitting both Taiwan and India with significant economic recalibrations. Taiwanese exporters, heavily integrated into global supply chains, found themselves squeezed as tariffs targeted key electronics components and machinery, forcing a pivot towards diversification. Many Taiwanese firms accelerated efforts to enter emerging markets, reducing dependency on traditional US-bound exports while heavily investing in Southeast Asia and India to offset losses.
India, on the other hand, seized this trade disruption as an opportunity, positioning itself as an alternative manufacturing hub for US companies seeking tariff-free access. The Indian government ramped up incentives to attract foreign direct investment and streamlined export policies to boost…
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Author : Caleb Wilson
Publish date : 2025-08-09 13:46:00
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