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In this July edition of Economy Bites, Partner Jing Teow discusses how US tariffs under President Trump have altered global trade patterns and raised inflation concerns, and what this means for the region. Importers are rerouting goods through ASEAN and the GCC as we now rapidly position ourselves as a strategic re-export hub, which carries risks and opportunities. In addition, Jing also focus on the implications of OPEC+ bringing forward planned increases in production quotas, and why this hasn’t had a huge impact on oil prices.
By PwC Middle EastIn this July edition of Economy Bites, Partner Jing Teow discusses how US tariffs under President Trump have altered global trade patterns and raised inflation concerns, and what this means for the region. Importers are rerouting goods through ASEAN and the GCC as we now rapidly position ourselves as a strategic re-export hub, which carries risks and opportunities. In addition, Jing also focus on the implications of OPEC+ bringing forward planned increases in production quotas, and why this hasn’t had a huge impact on oil prices.