Tariffs ‘manageable’ for Asian economies
While China and south-east Asian economies are “front and centre” of the impact of tariffs, they should be able to cope with Donald Trump’s latest wave of import taxes, said Andrew Swan, head of Asia Ex Japan equities at Man Group.Swan said: “Manufacturing in China and Asia are impacted, but its worth noting that while the tariff announcements led to a sell-off in those equity markets, they quickly bounced back. The view is tariffs will be manageable. “It’s also the case that it is hard to know where the cost...