New US Tariffs Incoming: How Countries Are Preparing | CNA Correspondent | India, China, Philippines
Trade tensions between the US and several countries escalate as new tariffs loom. In India, farmers resist US demands to allow genetically modified (GM) crops, citing sustainability and health concerns. Meanwhile, Asian grocery stores in the US brace for higher costs due to tariffs on South Korean and Japanese goods. In China, traders in Yiwu pivot to new markets to offset potential US tariff impacts. Southeast Asian countries like Malaysia also face economic strain, as they navigate tariff-related challenges.
00:00 Opening title
00:56 Champagne caught in EU-US tariff crossfire
04:27 Uncertain future of India's GM cotton
08:40 China's international export pivot
12:46 Asian grocers face US trade pressures
15:47 Malaysia braces for US tariff shock
18:21 Philippines' semiconductors surge amid US tariff shifts
=================
About CNA Correspondent:
They're your eyes and ears around the globe. CNA's network of correspondents shines a light on stories from their corners of the world, from groundbreaking events to up-and-coming trends.
=================
#CNAInsider #CNACorrespondent #Trade #USA #Europe #France #India #China #Malaysia #Philippines #Tariffs
For more, SUBSCRIBE to CNA INSIDER
https://cna.asia/insideryoutubesub
Follow CNA INSIDER on:
Telegram: https://t.me/CNAInsiderSG
Instagram: https://www.instagram.com/cnainsider