Name: Economist warns: U.S. tariffs weigh on economic growth, Asian exporters under most pressure
Uploaded: 2025-04-12T11:36:20+08:00
Duration: 2 min 18 s
Description: UBS's latest research indicates that escalating global tariffs could slow economic growth in the Asia-Pacific region by 50 to 100 basis points. Asia is expected to be hit hardest due to higher tariffs and its strong dependence on exports to the U.S.

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02:19

UBS's latest research indicates that escalating global tariffs could slow economic growth in the Asia-Pacific region by 50 to 100 basis points. Asia is expected to be hit hardest due to higher tariffs and its strong dependence on exports to the U.S. In an interview with CGTN, UBS Asia-Pacific economist Philip Wyatt pointed out that export-driven economies such as Japan, South Korea, Thailand, Singapore, and Malaysia are facing significant pressure. Wyatt emphasized that regardless of the final outcome of tariff policies, the uncertainty alone has already had a real impact on global supply chains and investment decisions.