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Apr 2025

Insurers eye mitigation efforts in wake of announced US tariff rates

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Source: Asia Insurance Review | May 2025

Uncertainty slams Asia following the Trump administration’s announced reciprocal tariffs on imports into the US. The impact of these tariffs will fall heavily on Asia, where most countries have a trade surplus with the US. Many of them face reciprocal tariff rates of more than 20%.
 

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