Source link : https://news7.asia/business/asias-small-businesses-brace-for-a-us-tariff-economy-disaster-south-china-morning-post/
As the United States ramps up its tariff policies, small businesses across Asia are confronting mounting economic challenges that threaten their survival. According to a recent report by the South China Morning Post, these enterprises-often the backbone of regional economies-are bracing for what industry insiders describe as a potential ‘disaster.’ With supply chains disrupted and costs soaring, the ripple effects of escalating US tariffs risk undermining growth and stability throughout the region’s diverse markets. This article explores how Asia’s small business sector is preparing to navigate the uncertain terrain shaped by shifting international trade dynamics.
Asia’s Small Businesses Confront Supply Chain Disruptions Amid Rising US Tariffs
Small enterprises across Asia are grappling with a new wave of uncertainty as escalating US tariffs disrupt traditional supply networks. These businesses, which form the backbone of regional economies, find themselves navigating rising costs and prolonged delays at a time when margins were already thin. Many have reported increased expenses for raw materials sourced from the US, while alternative suppliers in other countries have yet to fill the gaps efficiently. The ripple effects are felt across manufacturing hubs from Vietnam to Malaysia, where smaller operators lack the financial resilience to absorb sudden shocks.
Key challenges faced by Asian small businesses include:
- Escalating import costs due to higher…
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Author : William Green
Publish date : 2025-09-29 11:01:00
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