While the US tariffs harden and China reverses the current trend, manufacturing activities in Asia narrow

News Consumer protection Reports

Date: 1st Sep, 2025 Source: Ministry of Trade (Ticaret Bakanlığı) Country: Turkey Original Source

Brief

On August 31, 2023, the "Ministry of Trade (Ticaret Bakanlığı)" issued an update regarding "While the US tariffs harden and China reverses the current trend, manufacturing activities in Asia narrow". The PMI readings for Asia's major economies show a mixed picture, with China's General Manufacturing PMI increasing to 50.5 in August, surpassing market expectations, while Japan and South Korea's PMIs remain below 50.

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Ministry of Trade (Ticaret Bakanlığı)

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While the US tariffs harden and China reverses the current trend, manufacturing activities in Asia narrow

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While the US tariffs harden and China reverses the current trend, manufacturing activities in Asia narrow

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Ministry of Trade (Ticaret Bakanlığı)

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