Several Asia-Pacific economies could face higher US tariffs; India, Korea, Thailand most vulnerable: S&P

  • Posted on February 24, 2025
  • By Business News Today
  • 5 Views
Several Asia-Pacific economies could face higher US tariffs; India, Korea, Thailand most vulnerable: S&P

S&P Global Ratings reports that India, South Korea, and Thailand are most at risk of facing higher US tariffs under the Trump administration. Economies with significant exposure to the US, such as Vietnam, Taiwan, and South Korea, could experience the largest economic impact. The Trump administration has already imposed tariffs on China, indicating further uncertainty and potential tariff actions.
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