Vietnamese employees weld at a car plant in Hai Duong. The country stands to gain from the US-China trade war. Photo: AFP

The spoils of trade war: Asia’s winners and losers in US-China clash

  • Tiger economies like Hong Kong will feel bite from trade war, but as US tariffs push up cost of Chinese products, Asia’s low-cost manufacturers stand to gain
  • Still, it’s a fleeting victory – in the long term, everyone’s a loser
Topic |   US-China trade war

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Vietnamese employees weld at a car plant in Hai Duong. The country stands to gain from the US-China trade war. Photo: AFP
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The Trump administration has added Huawei and 70 of its affiliates to its list of firms deemed threats to US national security. Photo: EPA

Trump’s Huawei ‘ban’ gives Asian tech firms 70 billion reasons to worry

  • The US move has sent Huawei’s suppliers scrambling to see how they will be affected, particularly those who rely on it as their main customer
  • More than half of the company’s core global suppliers are from Asia, and many see their shares tumble after the announcement
Topic |   Huawei

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The Trump administration has added Huawei and 70 of its affiliates to its list of firms deemed threats to US national security. Photo: EPA
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