South-east Asia has weathered Donald Trump’s tariff blitz thanks to US demand for tech, cheap manufacturing costs and the rerouting of goods from China, analysis of trade data shows.
Goods exports from south-east Asia to the US rose 25 per cent between July and September relative to the same period in 2024 despite the US president’s trade war, according to data from the US Census Bureau.
Foreign investments into the region’s main manufacturing economies have also increased, driven by global efforts to diversify supply chains.
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