• Feedback
  • RSS Feed
  • Sitemap
Ommcom News
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ
No Result
View All Result
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ
No Result
View All Result
Odisha News, Odisha Breaking News, Odisha Latest News || Ommcom News
Home World

No Winners In US-China Trade Conflict As Asia-Pacific Braces For Impact: Report

OMMCOM NEWS by OMMCOM NEWS
April 15, 2025
in World

New Delhi: There are no winners in a trade conflict and the tussle between China and the US raises the risk of economic and geopolitical fallout, a report by S&P Global Ratings said on Tuesday.

Home to sizable manufacturing activities, Asia-Pacific is highly dependent on exports to the U.S. and China for growth. At the same time, Asia-Pacific depends on the US mostly for security.

The region could find itself pushed to take sides or walk a delicate line between the two large economies, the report stated.

To counteract tariffs, Asia-Pacific governments are exploring the formation of regional trade blocs or bilateral trade agreements. These efforts could accelerate, expediting the need to relocate supply sources and production.

“Businesses may hold back investments as they reassess the trade landscape. To offload excess production, exporters may seek new markets and cut prices. For some economies, locally made products may be unable to compete against the influx of these competitive exports,” the report noted.

To insulate local industries, affected economies might impose protectionist measures, thereby escalating trade tensions. Governments may use economic stimulus to reduce the hits to businesses and households, which would worsen fiscal balance sheets. In our view, small and export-dependent economies would face an outsized hit.

Unsurprisingly, if the paused US tariffs are ultimately implemented as initially announced, the economic fallout for global markets would be broad and deep.

“Trade tensions that remain unresolved as the pause ends could have a marked impact on credit quality. Either way, the pause is for 90 days, and the prevailing uncertainty is likely to further undermine business and consumer confidence, heightening concerns about corporate investment, employment and consumer spending, and overall economic activity,” the report stressed.

China’s economic growth is seeing rising downside risk amid rising trade tensions with the US as its export engine falters from weaker global demand. The country’s domestic growth engine remains subdued, given the lingering real estate crisis, which is dragging down confidence.

For the manufacturers, revenue and profit compression is weighing down capital expenditure and labour needs. Cautious spending among households could intensify amid rising unemployment risks and a gloomier global backdrop, according to the report.

(IANS)

Tags: Asia PacificUS-China Trade Conflict
ShareTweetSendSharePinShareSend
Previous Post

Why Akshay Kumar Requests Audience To Keep Phones Away During ‘Kesari 2’ Special Screening

Next Post

Odisha Government Extends Interest-Free Loan Scheme For Women’s Self-Help Groups

Related Posts

PM Modi
World

PM Modi Speaks With ‘Friend’ Putin, Reaffirms Commitment To Deepen India-Russia Ties

August 8, 2025
Khalistan Embassy
World

Khalistan Embassy In Canada: A Brazen Provocation That Ottawa Still Won’t Confront

August 8, 2025
Guo Jiakun
World

China Responds To Trump Tariff Threat, Says Trade With Russia ‘Legal And Legitimate’

August 8, 2025
Landslide
World

Seven Confirmed Dead After Landslide In China’s Guangzhou

August 8, 2025
PM Modi
World

China Welcomes PM Modi For SCO Meet, Says Tianjin Summit Will Be Gathering Of Solidarity And Friendship

August 8, 2025
Brazilian Researcher
World

India-Brazil Can Build New Partnership, Diversify Trade Partners: Brazilian Researcher On Trump’s Tariff Tirade

August 8, 2025
Next Post

Odisha Government Extends Interest-Free Loan Scheme For Women's Self-Help Groups

'Fully Prepared': Tejashwi Yadav After Talks With Kharge, Rahul Gandhi On Bihar Polls, Seat-Sharing

CM Majhi

CM Majhi Hails Police For Swift Action In Rescuing Abducted Infant

khimji
TPCODL
OMC
  • Feedback
  • RSS Feed
  • Sitemap

© 2025 - Ommcom News. All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ

© 2025 - Ommcom News. All Rights Reserved.