Tag: indonesia
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No Ass-Kissing, Please – US Tariffs in Asia
Asian countries respond to US tariffs with pragmatism, but also resolve. As expected, Asia is bearing the brunt of the sweeping US reciprocal tariffs. The Asian markets experienced a substantial net outflow of foreign investments for three consecutive weeks, amounting to USD$3.84 billion for the week ended April 18, 2025. Unsurprisingly, some countries in the…