Asia's factories end 2024 on weak footing as Trump 2.0 risks mount

Contributing sentiments towards policy:

46% : "Elsewhere in Asia, South Korea's PMI showed activity shrinking in December and the decline in output gathering pace, a stark contrast to better-than-forecast export growth figures released on Wednesday.South Korea's central bank governor said on Thursday the pace of monetary policy easing would need to be flexible this year due to heightened political and economic uncertainty.
39% : And in Singapore, considered a bellwether for global trade, official data showed the city-state grew at its fastest annual pace since the pandemic in 2024, helped in part by a rush to export before expected new U.S. tariffs take effect.
36% : "But the boost probably won't last more than a few quarters, with Trump likely to follow through on his tariff threat before long and persistent structural imbalances still weighing on the economy.

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