Depends on the country. India is negotiating a Bilateral Trade Agreement by mid-2025, Vietnam has sent a trade delegation to DC to negotiate as we speak, and tariffs on Colombia, Brazil, Philippines, and Turkiye are the lowest for middle income countries.
The harshest pain will be felt by Cambodia and Vietnam, because both are part of ASEAN like Philippines and share similar trade partners (Japan, SK), Bangladesh as they have an FTA and significant capital from India, and China as EU (looking at you Poland and Czechia), Turkiye, Japan, SK, and India are now cost competitive
You'll be seeing more "Made in Philippines", "Made in Colombia" "Made in Turkiye", "Made in Brazil", and "Made in India" shirts, auto parts, and assembled electronics now.
We might also see a return of Malaysia in the semiconductor industry, as they are now cheaper than Taiwan - great for whoever buys Intel Foundry Services (Penang reax only)
alt Hacker News
> as countries will retaliate
Depends on the country. India is negotiating a Bilateral Trade Agreement by mid-2025, Vietnam has sent a trade delegation to DC to negotiate as we speak, and tariffs on Colombia, Brazil, Philippines, and Turkiye are the lowest for middle income countries.
The harshest pain will be felt by Cambodia and Vietnam, because both are part of ASEAN like Philippines and share similar trade partners (Japan, SK), Bangladesh as they have an FTA and significant capital from India, and China as EU (looking at you Poland and Czechia), Turkiye, Japan, SK, and India are now cost competitive
You'll be seeing more "Made in Philippines", "Made in Colombia" "Made in Turkiye", "Made in Brazil", and "Made in India" shirts, auto parts, and assembled electronics now.
We might also see a return of Malaysia in the semiconductor industry, as they are now cheaper than Taiwan - great for whoever buys Intel Foundry Services (Penang reax only)