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U.S. trade deals with Asia-Pacific nations ease uncertainty, cut tariffs, and boost investment and growth.
U.S. trade agreements with several Asia-Pacific nations are reducing economic uncertainty for exporters, according to Fitch Ratings, helping stabilize trade flows and support investment and supply chain planning.
Key changes include a 10-percentage-point reduction in the U.S. fentanyl-related tariff on China and a one-year pause on trade restrictions like China’s rare earth export curbs and expanded U.S. export controls.
While U.S. tariffs on China remain higher than on most other Asian countries, the improved predictability is expected to boost confidence and modestly support regional GDP growth.
The deals also signal U.S. backing for expanding rare earth mining outside China, potentially increasing investment in Southeast Asia and Australia.
India remains without a formal trade deal, facing a 50% tariff on exports to the U.S., though a future agreement is still possible.
Los acuerdos comerciales de Estados Unidos con las naciones de Asia-Pacífico alivian la incertidumbre, reducen los aranceles e impulsan la inversión y el crecimiento.