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Trump says there will be no exemptions from steel and aluminum tariffs

  • Asian markets fluctuated as uncertainty looms over potential tariffs from the U.S., raising fears of economic impact.
  • U.S. President Donald Trump has stated there will be no exemptions from tariffs on key imports like steel and aluminum, labeling April 2 as 'Liberation Day'.
  • Chinese Premier Li Qiang warned of 'shocks that exceed expectations' and highlighted rising instability due to U.S. Policies.
  • Australian Treasurer Jim Chalmers remarked that Trump's tariffs are 'not surprising, but they are seismic,' reflecting global concern about trade implications.
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Asian markets fluctuate as traders prepare for 'Liberation Day'

HONG KONG, China – Asian markets swung on Monday as the White House prepares to impose tariffs on key trading partners next week that many fear could deal a painful blow to the global economy. A report saying US President Donald Trump was considering a more targeted approach to the levies, which are expected to

·Manila, Philippines
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Washington Examiner broke the news in Washington, United States on Sunday, March 16, 2025.
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