Asian shares mostly decline as worries continue over Trump's tariffs
ASIA, JUL 15 – Asian markets declined amid fears of escalating U.S. tariffs, with Australia’s S&P/ASX 200 gaining 0.4% despite slower Chinese economic growth, according to early Tuesday trading data.
- Asian shares mostly declined on July 15, 2025, amid worries over President Trump's proposed tariffs set to begin August 1.
- Concerns that the tariffs could raise recession risks and hurt regional exporters contributed to market unease, though no panic occurred.
- Market data showed Japan's Nikkei 225 rising 0.1% to 39,507.28, Australia's S&P/ASX 200 adding 0.4%, while China's Shanghai Composite dipped nearly 0.9%.
- Government data indicated China's economy expanded 1.1% quarterly yet slowed growth from previous quarters, while U.S. inflation is expected to accelerate to 2.6%.
- The tariff uncertainty maintains market volatility, and political events like Japan's upcoming election add to cautious trading sentiment.
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One of the regions potentially hardest hit by Trump's tariffs will be Southeast Asia, notes Clark Packard of the Cato Institute. Tariffs of 25% will hit the United States' closest allies: Japan and South Korea. Tariffs are also expected for key ASEAN members: 36% for Cambodia, 25% for Malaysia, 32% for Indonesia, 40% for Laos, and 36% for Thailand. And that's not all: the White House has warned Tokyo and Seoul that if for any reason they decide …
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Leaning Left11Leaning Right2Center13Last UpdatedBias Distribution50% Center
Bias Distribution
- 50% of the sources are Center
50% Center
L 42%
C 50%
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