Global Tariffs Weigh on Economic Growth, Exports, Manufacturing Across Taiwan, Canada, Mexico, Pakistan

Several economies heavily reliant on trade are experiencing slowdowns influenced by tariffs and other economic challenges in 2025. Taiwan's economic growth decelerated in the third quarter, with strong tech demand offset by U.S. tariffs on exports, excluding semiconductors, while tariff negotiations remain unresolved. Pakistan's exports as a share of GDP have declined significantly due to high tariffs, cumbersome regulations, and costly logistics, revealing an untapped export potential of nearly $60 billion, with the World Bank urging reforms to boost export-led growth. Mexico's consumer sector faces a slowdown partly due to the tariff environment, affecting private consumption and prompting companies to adapt supply chains and customer strategies amid infrastructure challenges. Canada's exports fell 7.5% in Q2 due to U.S. tariffs and weakening global demand, leading to manufacturing output contraction, stalled employment growth, and businesses passing tariff costs to customers. These regions are grappling with tariff impacts, supply chain disruptions, and the need for strategic adaptation to sustain economic growth and trade performance.