汇丰：关税背景下聚焦亚洲消费者提振经济增长

Group 1 - HSBC Global Research indicates that the upcoming tariffs on products exported from Asia to the US may lead to a decline in shipment volumes in the coming months [1] - Companies are likely to suppress investments amid uncertainty due to the tariffs and geopolitical tensions in the Middle East, which could cause oil prices to surge [1] - Asian countries, except for Japan where policy normalization remains a goal, are expected to further cut interest rates with the help of a weakening US dollar [1] Group 2 - There is a focus on whether Asian consumers can support economic growth amidst external adverse factors [1] - There remains hope that household consumption can offset some of the economic weakness [1]