US Tariffs Could Destabilise Banking Systems In APAC: Fitch

Quick Summary:

Fitch Ratings warns that a surge in US tariffs could destabilise the broadly stable operating conditions it had anticipated for most APAC banking systems in 2025.

A slowdown in China’s economic growth caused by tariffs could, for example, reduce demand for exports from other APAC markets.

Vietnam has the highest export exposure to the US in APAC and is particularly vulnerable to reduced economic growth if the April 2nd tariffs are fully implemented.

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Article Details

Author / Journalist: Editor

Category: EconomyBusiness

Markets: MalaysiaChinaHong KongTaiwanVietnam

Topics: News Global

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-17 @ 08:07:09 (3 days ago)

News Timezone: GMT +8:00

News Source URL: businesstoday.com.my

Language: English

Article Length: 577 words

Reading Time: 4 minutes read

Sentences: 24 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Today

News ID: 27961982

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About Business Today

Main Topics: EconomyBusiness

Official Website: businesstoday.com.my

Update Frequency: 11 posts per day

Year Established: 2001

Headquarters: Malaysia

News Last Updated: 8 hours ago

Coverage Areas: Malaysia

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Publisher ID: #72

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