Stock market today: Asian shares slip as worries grow about Trump's tariffs
Monday, 3 February 2025 () Asia shares are mostly declining as worries grow about President Donald Trump imposing tariffs on key U.S. trading partners. Benchmarks fell in early Monday trading in Japan, Australia and South Korea. In China, shares declined in Hong Kong but were little changed in Shanghai. Analysts said Asian markets were bracing for volatility set off by a possible trade war escalation. Wall Street ended last week lower. Trump’s 25% tariffs on imports from Canada and Mexico and 10% tariffs on goods from China are to take effect Tuesday. Both Canada and Mexico have ordered retaliation.
President Donald Trump has sparked a major trade war by imposing 25% tariffs on all imports from Canada and Mexico, with Canadian energy products facing a 10% duty. In swift retaliation, Canada has announced 25% tariffs on $106.5 billion worth of U.S. goods, while Mexico has also vowed...
In a provocative statement amid ongoing tariff tensions, former President Donald Trump mocked Canadian Prime Minister Justin Trudeau by suggesting that Canada should become the United States' 51st..
President Trump’s newly imposed tariffs on Mexico, Canada, and China have set off a wave of retaliatory actions and raised questions about the impact on ordinary Americans. From grocery prices to..
China has announced plans to file a lawsuit at the World Trade Organization (WTO) in response to U.S. President Donald Trump's new tariffs on Chinese goods. The tariffs, which are set to take effect on..
Monday, 3 February 2025 ()
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