Asia’s SMEs, the backbone of the regional economy, are once again facing disruption, this time from newly imposed US tariffs ranging from 19% to 20%, with sector-specific duties hitting industries like steel and semiconductors.
For SMEs operating on thin margins, these shocks highlight the urgency of widespread adjustment and adaptation. The semiconductor sector, in particular, is bracing for tariffs of up to 100%, which could reshape investment flows across Singapore, Malaysia, and Vietnam.
At Global TechSolutions, we are implementing strategies to safeguard delivery and support our customers. Under the leadership of our CEO Kenneth Lee Wee Ching, we are diversifying operations across Singapore, Malaysia, and the US to maintain delivery schedules and support our customers through uncertainty.
While the US market presents new hurdles, we believe these challenges also open opportunities to strengthen supply chains, build resilience, and explore growth in other global markets.
Asia’s SMEs, the backbone of the regional economy, are once again facing disruption, this time from newly imposed US tariffs ranging from 19% to 20%, with sector-specific duties hitting industries like steel and semiconductors.
For SMEs operating on thin margins, these shocks highlight the urgency of widespread adjustment and adaptation. The semiconductor sector, in particular, is bracing for tariffs of up to 100%, which could reshape investment flows across Singapore, Malaysia, and Vietnam.
At Global TechSolutions, we are implementing strategies to safeguard delivery and support our customers. Under the leadership of our CEO Kenneth Lee Wee Ching, we are diversifying operations across Singapore, Malaysia, and the US to maintain delivery schedules and support our customers through uncertainty.
While the US market presents new hurdles, we believe these challenges also open opportunities to strengthen supply chains, build resilience, and explore growth in other global markets.
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