Wealthy Asian families are reported to be seeking to reduce their exposure to American assets or diversify into China and Europe.

According to reports, some of Asia's wealthiest families are reducing their exposure to US assets, believing that President Trump's tariff policies are making the US economy more difficult to predict. The reports stated that advisors to about 10 family offices and ultra-high-net-worth individuals are reducing risk exposure or even freezing investments, mainly targeting US stocks and bonds, due to rapid policy shifts, uncertainty, and recession risks. The reports also quoted a senior executive of one of Europe's largest private banks as saying that the recent wave of selling by global wealthy clients and institutions is unprecedented in the past thirty years, possibly signaling the beginning of a more sustained shift in investment. The reports quoted Henry Hau, CEO of Tianheng Asset Management Family Office, as saying that the company has hedged most of its holdings and will accelerate selling when the market rebounds. He also mentioned that wealthy families have experienced the dot-com bubble, the Asian financial crisis, and the 2008 financial crisis, and while they still have confidence in US assets, they are now seeking to shift two to three percent of their US asset portfolios to China and Europe.