July’s S&P manufacturing PMI Future Output Index—which measures expectations regarding output in the year ahead— showed subdued confidence among goods producers in Asia.

Supply chains for electronics stretch all the way through Asia When he began his trade war, President Donald Trump said his goal was to bring American jobs and manufacturing back to the US, reduce trade deficits and create a more level playing field for American companies competing globally.

U.S. President Donald Trump's global tariffs offensive has shaken Southeast Asia, a region heavily reliant on exports and manufacturing and in many areas boosted by supply chain shifts from China. Thailand,