The Impact of Trump’s Foreign Policies on Asia’s Financial Sector: BI Replay

Donald Trump's tariffs and non-tariff restrictions are set to upend financial sectors in Asia. China's ADRs risk being booted off US exchanges. ‘Mar-a-Lago Accord’ chatter could alter wealth managers' strategy in Asia. US tariffs could shift supply chains and increase cross-border business in Southeast Asia, with DBS and peers in Singapore likely to suffer less from the levies than regional peers such as Thai banks. Revenue at HSBC and StanChart may be threatened. More aggressive rate cuts by Beijing could deepen China banks' margin woes. Volatile markets may hit insurers' investment returns and affect their tactical allocation strategies.