US tariffs on China to have mixed impact on Asean economies - OCBC


A view of solar panels in Lianyungang, China. — AFP

KUALA LUMPUR: Potential US tariffs of up to 60 per cent on Chinese exports could have a mixed impact on ASEAN economies, creating medium-term growth opportunities for the ASEAN-6 region, which includes Malaysia, said OCBC Global Markets Research.

Under the primary scenario, or scenario one, where the tariffs are implemented solely on Chinese exports, OCBC’s house view anticipates that China’s gross domestic product (GDP) growth could decline by up to one percentage point.

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OCBC , China , US tariffs , ASEAN-6 , Malaysia , GDP , growth

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