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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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Asian shares mostly decline as worries continue over Trump's tariffs

Asian shares are trading mostly lower as worries about President Donald Trump’s latest updates to his tariffs weighed on investor sentiments.

·United States
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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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MY Northwest broke the news in Tacoma, United States on Tuesday, July 15, 2025.
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