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Asian shares fall after Wall St retreats on fears over hit to the US economy from Trump's tariffs

Upworthy Tuesday, 4 March 2025 ()
Shares opened lower Tuesday in Asia after U.S. stocks fell sharply just ahead of a new round of higher tariffs imposed by U.S. President Donald Trump. Tariffs of 25% on Canada and Mexico were due to take effect early Tuesday. An extra 10% tariff is being imposed on China. On Monday, Beijing hinted…
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News video: China Vows Retaliate After Trump threatens Another 10% Tariff Hike Including Canada, Mexico

China Vows Retaliate After Trump threatens Another 10% Tariff Hike Including Canada, Mexico 03:04

Trump has confirmed a new wave of tariffs set to take effect on March 4, targeting imports from Mexico, Canada, and China. A 25% tariff will be imposed on goods from Mexico and Canada, while an additional 10% duty will be placed on Chinese imports due to ongoing concerns over fentanyl trafficking....

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