Analyst: Malaysia, Thailand, and the Philippines may face higher tariffs of 15% to 20%
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Analyst: Malaysia, Thailand, and the Philippines may face higher tariffs of 15% to 20%
According to Jinshi Data, most analysts expect Trump will ultimately impose tariffs of at least 10%. Henrietta Treyz, Head of Economic Policy Research at consulting firm Veda Partners, said that with the completion of the Vietnam agreement and concerns over transshipment, Malaysia, Thailand, and the Philippines could face higher tariffs of 15% to 20%. The greatest uncertainty worrying businesses and investors is industry-specific tariffs justified on national security grounds under Section 232 of the Trade Expansion Act. Aluminum, steel, and automobiles have already been affected by such industry tariffs. Investors have been awaiting the U.S. Department of Commerce's decisions on potential tariffs for pharmaceuticals, semiconductors, lumber, and other industries.
Navigating Web3 tides with focused insightsTechFlow, July 5 — According to Jinshi Data, most analysts expect Trump will ultimately impose tariffs of at least 10%. Henrietta Treyz, Head of Economic Policy Research at consulting firm Veda Partners, said that with the completion of the Vietnam agreement, Malaysia, Thailand, and the Philippines could face higher tariffs of 15% to 20% due to concerns over transshipment. The greatest source of uncertainty for businesses and investors is industry-specific tariffs justified on national security grounds under Section 232 of the Trade Expansion Act. Aluminum, steel, and automobiles have already been affected by such industry tariffs. Investors have been awaiting the U.S. Department of Commerce's decision on potential tariffs for pharmaceuticals, semiconductors, lumber, and other industries.
