NEW YORK -- U.S. President-elect Donald Trump's sweeping tariffs would weigh on Asian economic growth and be felt hardest in the second half, 2025 market outlooks by financial institutions show.
Trump has threatened the tariffs of up to 20% on all imported goods and of 60% or more on goods from China. Goldman Sachs says the specifics of the levies will be "the most important 'known unknown' for Asia in 2025." The impact will depend on how far the new administration goes.
