Tokyo | Donald Trump’s sweeping new tariffs have piled pressure on China’s already-squeezed manufacturers, with the new levies not only hitting direct exports but those from Chinese operations across South-East Asia.
The double hit undermines Beijing’s central strategy for getting around trade barriers thrown up by the US president during his first mandate.
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Jessica Sier is the North Asia Correspondent for The Australian Financial Review. She is based in Tokyo, Japan. Jessica has previously written on technology, global capital markets and economics. Connect with Jessica on Twitter. Email Jessica at jessica.sier@afr.com
