Articles
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5 days ago |
wsj.com | Kwanwoo Jun |Kimberley Kao
The latest tariff threat prompted South Korean trade ministry officials to hold an emergency meeting with local industry leadersAsian steel stocks began the week hammered by President Trump’s threat to double tariffs on steel and aluminum imports starting Wednesday. Trump said Friday that tariffs on imported steel and aluminum would increase to 50% from 25%, effective June 4.
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5 days ago |
tradingview.com | Kwanwoo Jun |Kimberley Kao
Asian Steel Stocks Retreat After Trump's New Tariff ThreatBy Kwanwoo Jun and Kimberley KaoAsian steel stocks began the week hammered by President Trump's threat to double tariffs on steel and aluminum imports starting Wednesday. Trump said Friday that tariffs on imported steel and aluminum would increase to 50% from 25%, effective June 4.
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1 week ago |
tradingview.com | Ronnie Harui |Kimberley Kao
Asian Stocks Rise After Trade Court Strikes Down Trump Tariffs — UpdateBy Ronnie Harui and Kimberley KaoAsian stocks and U.S. stock-index futures rose early Thursday after a federal trade court struck down President Trump's global tariffs. The Court of International Trade on Wednesday ruled that Trump didn't have the authority to impose sweeping tariffs on virtually every nation, voiding the levies that have sparked a global trade war.
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1 week ago |
wsj.com | Kimberley Kao
U.S. futures were broadly higher while the greenback declinedAsian stock markets were mixed as unease about President Trump’s policy shifts prevailed following the postponement of tariffs on the European Union and the threat of new duties on iPhones and other smartphones made overseas. Japan’s Nikkei Stock Average was 0.9% higher in late afternoon trading on Monday, while South Korea’s Kospi was up 1.25%. Australia’s S&P/ASX 200 was 0.1% higher, with about an hour of trade remaining.
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1 week ago |
tradingview.com | Kimberley Kao
Asia Markets Mixed as Unease Persists on Trump Tariff U-Turns, ThreatsAsian stock markets were mixed as unease about President Trump's policy shifts prevailed following the postponement of tariffs on the European Union and the threat of new duties on iPhones and other smartphones made overseas. Japan's Nikkei Stock Average was 0.9% higher in late afternoon trading on Monday, while South Korea's Kospi was up 1.25%. Australia's S&P/ASX 200 was 0.1% higher, with about an hour of trade remaining.
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Factory activity slowed across much of Asia in April as uncertainty over U.S. tariffs caused companies to pause new orders, purchasing managers surveys show. https://t.co/WCxkfmBbMU https://t.co/ICoJIFUh6C
RT @WSJmarkets: Asian Stocks Rise Amid Trade Deal Hopes https://t.co/tjsKHhd0xa