Asian corporates look to strengthen ties across Asean in face of US tariff uncertainty; one Hong Kong-based CFO said their firm is sourcing more from Vietnam and Bangladesh.
Investment strategies, such as MMFs, are being reconsidered, while cash buffers are growing; meanwhile a major US court ruling could derail the tariffs.
Geopolitical and economic uncertainty is causing greater competition and supply chain concerns for businesses across Apac; investment in technology and new markets are ways to buffer the impact.
Balancing core financial performance and meeting ESG regulatory standards is becoming a fine line for corporates to walk, according to senior executives at Towngas and Kerry Logistics Network.
With negotiations ongoing, Vietnam and its companies are now at a crucial crossroads, dependent on whether Trump is willing to lower his 46% tariffs, incoming on April 9.
Apr 7, 2025
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The window left for negotiation remains key for the market to understand the impact of tariff policies, according to experts speaking at HSBC’s summit in Hong Kong this week; overnight the White House has announced 25% tariffs on cars from April 3 and car parts from May 3.
As the PBOC sticks to 7.2-level fixing rate, Donald Trump’s administration’s decisions on tariffs will have the largest impact on the currency in 2025.
With the US election result likely to produce a nail-biting finish, a CT round-up of local analysis distils the mood – and the likely affect – for Asia Pacific operations.