Asia’s factories end 2024 on weak footing as Trump 2.0 risks mount

A series of manufacturing purchasing managers’ indexes for December from across the region published on Thursday showed factory activity slowing in China and South Korea although there were some signs of a pickup in Taiwan and Southeast Asia. U.S. President-elect Trump has pledged to impose big tariffs on imports from three major trading partners – Mexico, Canada and China – which are expected to in turn affect other large exporting nations and broader global business activity.Read More