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Asia’s factories suffer major blow as tariffs dampen demand

Economic Times LogoEconomic Times22h ago

Asia’s factories suffer major blow as tariffs dampen demand - Economic Times

Quick Summary:

Manufacturing activity in Asia contracted in April, impacted by weaker demand and Trump's tariffs, particularly affecting South Korea and Taiwan.

While Southeast Asia also experienced a slowdown, India and the Philippines showed expansion.

Trade bellwether Taiwan posted a PMI of 47.8 in April, its lowest in 16 months and staying well below the 50 waterline that separates expansion and contraction.

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Asia’s factories suffer major blow as tariffs dampen demand - Economic Times (Picture 1)

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Article Details

Author / Journalist: Bloomberg

Category: Business

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-03 @ 08:54:07 (22 hours ago)

News Timezone: GMT +8:00

News Source URL: economictimes.indiatimes.com

Language: English

Article Length: 1327 words

Reading Time: 8 minutes read

Sentences: 34 lines

Sentence Length: 40 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Economic Times

News ID: 28328961

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About Economic Times

Economic Times Logo

Main Topics: Business

Official Website: economictimes.indiatimes.com

Update Frequency: 2 posts per day

Year Established: 1961

Headquarters: India

News Last Updated: 1 days ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #84

Publisher Details

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The story "Asia’s factories suffer major blow as tariffs dampen demand" was covered 22 hours ago by Economic Times, a news publisher based in India.

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It's most recent story was published 1 days ago.

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  • URL: https://druggeries.beamstart.com/news/asias-factories-suffer-major-blow-17462555102685

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