Reported about 9 hours ago
Asian shares experienced mostly positive movements as markets reacted to President Trump's recent tariff announcements, including a 25% tariff on foreign steel and aluminum imports. While countries like South Korea and Japan export steel to the U.S., the overall economic impact may be limited due to their broader range of exports. Despite concerns about potential trade wars and inflation, traders remain cautiously optimistic, noting that tariffs might just be used as negotiation tools rather than permanent policy changes.
Source: YAHOO