Trade-related sectors, especially electronics, are expected to sustain growth into early 2025, driven by export demand and pre-emptive production boosts. In its report, UOB said the ongoing upturn in the electronics cycle would likely provide a crucial tailwind, supported by strong export demand and pre-emptive production increases ahead of anticipated trade policy changes, such as the proposed tariffs under the "America First" policy in the United States. However, it noted the longer-term trajectory for the remainder of 2025 is less certain. Several downside risks could weigh on growth such as the the possibility of additional protectionist measures, which may disrupt global trade flows and impact export-driven industries.   https://sbr.com.sg/economy/news/trade-sector-sustain-growth-in-early-2025 (ICE SINGAPORE)

Fonte notizia: Singapore Business Review, 8 January 2025