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Trade war

Taiwan and Malaysia likely biggest losers in US-China trade deal

Supply shift could hit chip exporters hardest says Goldman

Japanese manufacturers are shipping fewer goods to China, a trend that is weighing on Japan's economy.   © Reuters

NEW YORK -- Taiwan and Malaysia will suffer the most in the near term if a U.S.-China purchasing agreement goes through, while South Korea and Japan also have much to lose, a new Goldman Sachs report says.

Semiconductor exporters in Asia are particularly vulnerable if China decides to import more American products to ease trade tensions, a group of Goldman analysts wrote in a report released this week.

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