Reported 26 days ago
Asian stocks declined as President Trump's new tariffs on imported cars created uncertainty in the markets, impacting demand for risky investments. Major indexes in China, Hong Kong, and Japan all registered losses, alongside a dip in U.S. equity-index futures. The tariffs, which are set to raise car prices significantly, have led to increased wariness among investors, causing market volatility and a dip in liquidity. Concerns about the overall economic impact of these tariffs have raised questions about the future direction of U.S. trade policy.
Source: YAHOO