KUALA LUMPUR: Rising United States (US) tariffs pose challenges to Asian economies, but they also present opportunities for regional integration and investment diversification, according to HSBC's chief Asia economist and co-head of global research Asia, Frederic Neumann.
He said the US’ move to raise its tariffs could also open avenues for deeper regional integration and diversified foreign direct investments (FDIs), citing the Johor-Singapore Special Economic Zone as an example of efforts to remove trade barriers and deepen economic ties.
