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Technology
Trump's tariffs leave China's neighbours with an impossible choice

70% Informative
Trump 's tariffs leave China 's neighbours with an impossible choice.
South East Asia's export-driven economies have played well - they have benefitted from both Chinese and US trade and investment.
In 2024 , China earned a record $ 3.5tn from exports - 16% of those went to S. East Asia , its biggest market.
China 's loss and South East Asia's gain could be the region's gain, experts say.
China is concerned that channelling its US -bound exports to the rest of the world would "end up really alienating and aggravating" its trading partners.
South East Asian governments responded with a wave of protectionism, as local businesses demanded protection from Chinese imports.
Malaysia has nearly half the world's market for rubber gloves.
The region still faces a 10% baseline tariff, like most of the world.
But even if the paused tariffs kick in, customers will find paying an additional 24% on Malaysian gloves vastly preferable to the 145% levy they will have to cough up for Chinese -made gloves.
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