Asian governments, businesses cautious on Trump tariff pause

Officials and executives warn remaining duties will still hit global economy

20250410 ASEAN ministers.JPG

Finance ministers and central bank governors are concluding a two-day meeting in Kuala Lumpur, on April 10. The bloc's trade ministers are also meeting on Thursday to discuss ASEAN's response to the U.S. tariff increases. © Reuters

NORMAN GOH, SHOTARO TANI, STEVEN BOROWIEC and MAI NGUYEN

KUALA LUMPUR/SEOUL/TOKYO/HANOI -- Asian governments and business executives welcomed U.S. President Donald Trump's decision to slash his "reciprocal" tariffs on most nations to 10% for 90 days but warned that even this level of duties, combined with the increased tariff on China will prolong uncertainty for firms and financial markets.

Sponsored Content

About Sponsored ContentThis content was commissioned by Nikkei's Global Business Bureau.