Export-led APAC growth faces headwinds from US tariffs: Fitch Ratings

The APAC region’s high trade openness and exposure to US demand leave the region particularly exposed to US tariff risks, Fitch Ratings said.
In a report, it said governments’ policy responses to the trade war will be key towards its impact on APAC sovereign ratings.
Sustained fiscal stimulus will support growth amid subdued domestic demand in the region, rising tariffs and deflationary pressures.Read More