Trump's Tariff Tantrum Has Asian Markets Playing Hide and Seek
Key Points
- Trump's trade tariffs are sending Asian markets on a wild ri...
Looks like someone needs to explain to Trump that trade wars aren't actually fought with Nerf guns and finger-pointing. Asian markets are getting dizzy trying to keep up with his latest tariff shenanigans, particularly after his decision to postpone that whopping 50% EU import tariff until July 9.
Tariffs and Tribulations
Asian shares are doing their best impression of a yo-yo, with Japan's Nikkei 225 and South Korea's Kospi taking notable dips. Trump's April baseline tariff of 10% on imports has escalated faster than a caffeinated squirrel, reaching a jaw-dropping 40% on Chinese goods jus...
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