Asian Markets, Trump and Wall Street
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Asian stocks are taking another hit in Friday morning trading as investors digest the economic consequences of President Trump’s tariffs.
From The Wall Street Journal
Traders are concerned about the global economic impact of Trump's tariffs, which they fear could stoke inflation and stall growth.
From BBC
"I have great respect for President Xi [Jinping] of China, great respect for China, but they were taking tremendous advantage of us," Trump said during his roughly hour-long address.
From AOL
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Stock markets across Asia-Pacific and Europe fell Thursday and US markets were also set to open lower after US President Donald Trump imposed tariffs on trading partners around the world, with many Asian countries taking the biggest hits.
Asian markets and U.S. futures tumbled Thursday following U.S. President Donald Trump’s announcement of big increases in tariffs on imports of goods from around the world. Tokyo’s Nikkei 225 index dipped more than 3.
Stock markets across Asia fell on Thursday after US president Donald Trump announced sweeping new tariffs on imports, raising concerns about a potential global trade war and the economic fallout that could follow.
Overseas markets also slid Friday. In overnight trading in Asia, Tokyo's Nikkei 225 lost 2.8%, while South Korea's Kospi sank 0.9%. Markets in Shanghai, Taiwan, Hong Kong and Indonesia were closed for holidays, limiting the scope of Friday's sell-offs in Asia.
Asian markets continued to face selling pressure as risk aversion gathers pace, with many investment banks and research firms cutting growth projections after President Trump announced worse-than-expected tariffs on much of the region.
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The dour mood in markets extended to Asia, with stock markets from Japan to Korea falling in early trading. Japan and South Korea are among countries that the president considers bad actors on trade,
2don MSN
U.S. stock indexes are drifting lower with uncertainty still high about just what President Trump will announce on his “Liberation Day”
Recent earnings growth of 16.1% and expected annual profit growth of 13% surpass the Hong Kong market's average, indicating strong operational performance. The company reported increased sales and ...
Indian markets closed lower on Thursday following the U.S. decision to impose 26% tariffs, despite gains in pharma stocks that were exempt from these duties. However, the broader market showed resilience,