Analysts: Trump's "napkin-style" trade protocol will pose challenges to the Supply Chain in Southeast Asia.

robot
Abstract generation in progress

On July 30, Jin10 reported that an important policy observer stated that countries and businesses need to prepare for the challenging impacts of U.S. tariffs following the August 1 trade agreement deadline, as the agreements reached so far lack precise details or commitments. Deborah Elms, trade policy director at the Hanley Center for Global Trade, said at a business summit: "I have always referred to them as napkin agreements, because I think their durability is about the same as that of a napkin, and their details are as thorough as what you would write on a napkin. A 15% tariff will still be significantly higher than the levels in March, which will pose difficulties for many companies. Specifically in the Southeast Asia region, uneven tariff rates may pose challenges to the Supply Chain."

TRUMP-0.26%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)