US EditionStock market today: Asian stocks skid as investors await more Trump tariffs
- Asian markets were mixed as investors await the impact of U.S. Tariffs, with auto firms facing significant losses after President Donald Trump announced a 25% levy on vehicle imports.
- Asian markets were mixed as investors brace for upcoming U.S. Tariffs following President Donald Trump's announcement of a 25% levy on auto imports.
69 Articles
69 Articles
Stock market today: Asian stocks skid as investors await more Trump tariffs
Asian stocks were mostly lower Friday as investors mulled uncertainties brought by U.S. President Donald Trump’s latest tariffs. Tokyo’s benchmark Nikkei 225 sank 2.2% to 36,952.34 on renewed heavy selling of auto-related shares following Trump’s announcement he plans to impose 25% tariffs on auto imports. Toyota Motor Corp. shares lost 2.7% while Honda Motor Co. dipped 2.3%. A report that Tokyo's inflation rate rose to 2.9% this month spurred e…
Asian markets mixed as autos suffer more tariff-fuelled losses
Asian markets were mixed Friday as traders brace for next week's expected wave of US tariffs, while auto firms extended their painful losses following President Donald Trump's announcement of steep levies on vehicle imports.
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