Trump’s policies could hamper the outlook for sectors in Asia, including agriculture, textiles, and weapons production. The global race for electric vehicles and semiconductors may also be affected, particularly for countries heavily reliant on exports. China is seen as a major loser due to Trump’s confrontational rhetoric and higher tariffs. Taiwan and South Korea, dependent on semiconductor exports, also face a downturn. Conversely, India is viewed as a potential beneficiary, and Southeast Asian economies, less tied to exports, may deflect much of the fallout.
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