World News

Rising US tariffs drive shift to local production in Asia

The US plans to raise tariffs, leading manufacturers in Asia, particularly in Taiwan and Singapore, to adjust.

A Taiwanese moulding machine company reports higher demand as firms shift to local production. Uncertainty over tariffs has caused delays in some orders.

South Korea has reached a deal, but others still face high rates. Trade talks are ongoing with no clear resolution yet. Patrick Fok reports from Singapore.

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