22 Hrs
Source:
The Guardian
Asian stocks fall as Trump enacts new tariffs on over 80 countries
The Bank of France's governor warned that President Trump’s new trade tariffs could increase global economic uncertainty, despite agreements with the EU. Trump announced tariffs of 10% to 12.5% on numerous countries, replacing earlier tariffs, which led to significant declines in Asian stock markets. The tariffs are expected to target forced labor practices and are part of broader trade enforcement efforts. Rising oil prices and a stock sell-off in US tech companies also contributed to market concerns.
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