China, Vietnam, South Korea could see 1% GDP hit from Trump presidency, say Fitch
LONDON - A second Donald Trump presidency could lead to significantly lower economic growth in several Asian economies, with China, South Korea and Vietnam particularly affected, ratings agency Fitch said on Monday.
The former president, as part of his pitch to voters in the knife-edge election, has floated plans for blanket tariffs of 10% to 20% on virtually all imports as well as tariffs of 60% or more on goods from China.
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