Asean has less to lose from US trade protectionism than North Asia, says Morgan Stanley

SINGAPORE (Jan 24): Morgan Stanley Research says investors should consider lightening up on North Asia and increasing weightage in Asean amid the re-emergence of US trade protectionism.

This comes after the US this week slapped a 30% tariff on imports of solar panels and a 20-50% tariff on washing machines.

And there could be more potential risk events on trade in the pipeline.

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