Moody's warns that USA tariff measures impact Southeast Asian companies, with risks in the Autos, Steel and other Industries being particularly significant.

Moody's stated that the tariffs planned by the Trump administration pose "varying degrees of risk" to companies in Southeast Asia and South Asia, with companies in the Auto Parts, Steel, Chemicals, and Business Services industries being the most vulnerable to decreased demand and rising costs. In a report released on Monday, Moody's indicated that while exports of cars to the USA are limited, accounting for about 3% of total exports from India and 1% from Southeast Asia, suppliers of Auto Parts and luxury car manufacturers selling directly or indirectly to the USA will be affected by the tariffs. The report emphasizes that the Steel and Chemicals industries are susceptible to indirect impacts from disruptions in trade flows and the potential for regional supply to surge, although the Institution...

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Economists warn that the probability of the USA falling into recession could be as high as 50%.

Wall Street believes that the likelihood of a recession in the USA is increasing, and some economists even estimate a 50% probability. JPMorgan's chief economist Bruce Kasman stated to reporters in Singapore last Wednesday that he now estimates the risk of a recession to be around 40%, up from about 30% at the beginning of the year. However, he added that if the reciprocal tariffs planned by President Trump (set to take effect on April 2) actually come into effect, the likelihood of a recession could rise to 50% or higher. Kasman stated: "If we continue down this more destructive, business-unfriendly policy path.

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Washington, D.C. in the USA is hit by a wave of layoffs due to Trump, economists warn that this may affect its overall economy.

According to government data, there are approximately 2.4 million federal employees in the USA (excluding military and postal system employees), of which 17% live in the Washington metropolitan area. As of now, the Trump administration has eliminated at least 103,452 federal employees nationwide (some layoffs are facing legal challenges). Economists point out that the number of first-time claims for unemployment benefits in Washington D.C. surged in February, possibly reflecting the loss of outsourced jobs. The Oxford Economics Institute predicts that federal positions in the Washington metropolitan area will decrease by 33,700 by 2025. Indeed economist Allison.

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Moody's Upgrades Greece to Investment Grade

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