{"id":5695,"date":"2025-04-10T17:21:45","date_gmt":"2025-04-10T21:21:45","guid":{"rendered":"https:\/\/sdgnews.com\/?p=5695"},"modified":"2025-04-10T17:21:47","modified_gmt":"2025-04-10T21:21:47","slug":"new-us-tariffs-threaten-up-to-94-of-asia-pacific-exports-to-us-escap-warns","status":"publish","type":"post","link":"https:\/\/sdgnews.com\/ar\/new-us-tariffs-threaten-up-to-94-of-asia-pacific-exports-to-us-escap-warns\/","title":{"rendered":"New US Tariffs Threaten Up to 94% of Asia-Pacific Exports to US, ESCAP Warns"},"content":{"rendered":"<p><strong>Key Impact Points:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Up to 94% of some Asia-Pacific countries\u2019 direct exports to the US are at risk from new tariffs introduced on April 2, 2025.<\/li>\n\n\n\n<li>Cambodia may see a 13% drop in national output and over 400,000 job losses\u201470% of them female workers.<\/li>\n\n\n\n<li>ESCAP urges evidence-based policymaking, digital trade acceleration, and diversification to counter the fallout.<\/li>\n<\/ul>\n\n\n\n<p><\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-escap-sounds-alarm-on-disproportionate-impact-of-new-us-tariffs\"><strong>ESCAP Sounds Alarm on Disproportionate Impact of New US Tariffs<\/strong><\/h3>\n\n\n\n<p>The United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) has warned that the latest US tariff hikes\u2014announced on April 2, 2025\u2014could devastate exports from several Asia-Pacific countries. With a new average tariff rate of 19%, including a baseline of 10% on all goods and rates exceeding 30% for some, ESCAP estimates that up to 94% of certain nations\u2019 exports to the US are at risk.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cThe scope and scale of the tariffs announced are higher than many expected, especially those imposed on some of the smallest and least developed countries,\u201d ESCAP noted.<\/p>\n<\/blockquote>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-most-exposed-developing-countries-with-strong-us-trade-links\"><strong>Most Exposed: Developing Countries with Strong US Trade Links<\/strong><\/h3>\n\n\n\n<p>Countries like Fiji, Cambodia, Viet Nam, Sri Lanka, Thailand, Pakistan, Bangladesh, and China are among the most exposed, due to their high dependency on the US market and roles in global value chains. While Lao PDR and Myanmar also face extreme tariffs\u2014up to 45%\u2014their direct exports to the US remain relatively small.<\/p>\n\n\n\n<p>The complex layering of new tariffs on top of existing MFN duties makes it harder to calculate the real impact, especially for smaller countries lacking technical capacity.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-tina-tool-offers-critical-support-for-policy-response\"><strong>TINA Tool Offers Critical Support for Policy Response<\/strong><\/h3>\n\n\n\n<p>To help governments conduct rapid impact assessments, ESCAP highlighted its Trade Intelligence and Negotiation Adviser (TINA), a tool co-developed with the Economic Commission for Africa (ECA). TINA enables product-level analysis and has revealed that many Asia-Pacific economies risk losing 72%\u201394% of their US-bound exports.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cWe are also pilot testing a national TINA in Cambodia and increasingly leveraging AI to make the tool accessible to a wider range of users,\u201d ESCAP stated.<\/p>\n<\/blockquote>\n\n\n\n<p>In Cambodia, where the tool is being piloted, simulations show that the new tariffs could reduce national output by 13%. This would translate to job losses exceeding 400,000\u2014more than 70% of them women, largely due to the textile sector\u2019s 45% output drop.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-regional-integration-adds-to-indirect-exposure\"><strong>Regional Integration Adds to Indirect Exposure<\/strong><\/h3>\n\n\n\n<p>ESCAP also flagged indirect or \u201cpass-through\u201d risks to countries deeply embedded in regional production networks. Through its upcoming RIVA (Regional Integration and Value Chain Analyzer), ESCAP aims to track these ripple effects across global value chains. Early findings indicate that both advanced and developing countries in the region could experience significant secondary impacts.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-policy-recommendations-diversify-digitalize-and-negotiate\"><strong>Policy Recommendations: Diversify, Digitalize, and Negotiate<\/strong><\/h3>\n\n\n\n<p>ESCAP calls for immediate evidence-based policymaking and enhanced international coordination. Smaller economies should prioritize digital trade transformation through instruments like the UN treaty on cross-border paperless trade, broaden trade in services (especially travel and digital sectors), and pursue new trade and investment partnerships.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cKeeping channels of communication open between countries and with the private sector will remain essential,\u201d ESCAP emphasized.<\/p>\n<\/blockquote>\n\n\n\n<p>Related Article: <a href=\"https:\/\/sdgnews.com\/ar\/trump-tariffs-spark-warnings-over-u-s-clean-energy-slowdown\/\"><strong>Trump Tariffs Spark Warnings Over U.S. Clean Energy Slowdown<\/strong><\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Key Impact Points: ESCAP Sounds Alarm on Disproportionate Impact of New US Tariffs The United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) has warned that the latest US tariff hikes\u2014announced on April 2, 2025\u2014could devastate exports from several Asia-Pacific countries. With a new average tariff rate of 19%, including a baseline [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":5711,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[64,21],"tags":[124,1138,61,66,60,67,1127],"class_list":["post-5695","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-breaking-news","category-policy-regulation","tag-escap","tag-exports","tag-sdg-news","tag-sdgs","tag-sustainable-development-goals","tag-un-sdgs","tag-us-tariffs"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.3 (Yoast SEO v27.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>New US Tariffs Threaten Up to 94% of Asia-Pacific Exports to US, ESCAP Warns - 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