Stock market today: Asian stocks down after Trump imposes tariffs on imports of steel and aluminum
Tuesday, 11 February 2025 () Stocks in Asia were mostly down Tuesday, after U.S. President Donald Trump imposed 25% tariffs on all U.S. imports of steel and aluminum. Hong Kong’s Hang Seng index and the Shanghai Composite were both down. Japan markets were closed for a national holiday. Meanwhile, the S&P/ASX 200 in Australia remained largely unchanged while South Korea’s KOSPI was up 0.41% to 2,530.78. Trump said over the weekend he would announce 25% tariffs on all steel and aluminum imports, with more import duties to come later in the week. Fear around tariffs has been at the center of Wall Street’s moves recently, and experts say the market likely has more swings ahead.
In a major escalation of his trade policy, President Donald Trump has announced that the United States will impose a sweeping 25% tariff on all steel and aluminum imports, with additional metal duties expected later this week. Speaking aboard Air Force One, Trump also revealed plans for reciprocal...
Donald Trump has warned of severe consequences if Hamas fails to release hostages by Saturday, stating, "All Hell is going to break out." He also suggested the US should "own" Gaza, calling it a..
The European Union is gearing up for a fierce trade battle after former U.S. President Donald Trump announced a sweeping 25% tariff on all steel and aluminum imports. French Finance Minister Jean-Noël..
House and Senate are both in session, but still can’t come to agreement on reconciliation strategy to pass One Big, Beautiful Bill … USAID under the gun as Musk’s DOGE crew finds outrageous..
Tuesday, 11 February 2025 ()
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