Workers in a garment factory in Ho Chi Minh City, Vietnam. — Bloomberg
TOKYO: U.S. tariffs took a toll on factory activity across Asia, overshadowing a surprisingly upbeat performance in China, private surveys showed on Monday, keeping pressure on policymakers to underpin the region's fragile economic recovery.
The outcome reinforces concerns that manufacturers in Asia, which have been frontloading shipments to beat higher U.S. levies, will struggle to grow profits as exports weaken in the months ahead, analysts say.
