Trump’s hefty tariffs send Asian stock markets plunging
- Vietnam has asked the US to postpone the 46 percent tariff set to take effect on April 9, claiming there is still room for discussion and negotiation.
- A lawsuit has been filed by the New Civil Liberties Alliance, alleging that President Donald Trump overstepped his authority with the new tariffs.
- Senator Chuck Grassley introduced a bill requiring congressional approval for new tariffs following Trump's recent tariff announcements, indicating dissent among Republicans.
- Japanese Prime Minister Shigeru Ishiba called the tariffs imposed on Japanese goods a 'national crisis', urging a calm approach to negotiations with the US.
16 Articles
16 Articles
Donald Trump's tariffs: ++ Asian stock exchanges break down – chip industry downswing ++
While Trump predicts his country's golden future, the US stock exchanges have large-scale stock sales. In Japan, too, the stock values of some industries fall into the basement. All developments in the live ticker.
Global Stock Rout Extends as Investors Cut Risk: Markets Wrap
Stocks slid further, adding to losses after a $2.5 trillion wipeout of US equities and putting MSCI’s global benchmark on track for the biggest weekly loss in seven months. Treasuries rallied and the dollar steadied.
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