Trump tariff jitters: Asian manufacturing slumps across region
Asian factory activity faced headwinds in June due to US tariff uncertainty and weak global demand, though Japan and India showed resilience. China's private sector saw marginal expansion, contrasting with official contraction. Broader market sentiment remained volatile amid trade negotiations and potential Federal Reserve rate cuts, posing ongoing challenges for Asia's manufacturing sector.
Asian factory activity faced headwinds in June due to US tariff uncertainty and weak global demand, though Japan and India showed resilience. China's private sector saw marginal expansion, contrasting with official contraction. Broader market sentiment remained volatile amid trade negotiations and potential Federal Reserve rate cuts, posing ongoing challenges for Asia's manufacturing sector.
