Stocks drop as Trump's Latin American tariffs revive trade angst

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 29 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 66%

Business News News

Business Business Latest News,Business Business Headlines

Asian shares skidded on Tuesday after U.S. President Donald Trump stunned markets with tariffs against Brazil and Argentina, recharging fears ...

SHANGHAI: Asian shares skidded on Tuesday after U.S. President Donald Trump stunned markets with tariffs against Brazil and Argentina, recharging fears about global trade tensions, while weak U.S. factory data added to the investor gloom.

Contrary to his remarks, both Brazil and Argentina have been trying to strengthen their respective currencies against the dollar. "Markets are extremely sensitive to any good or bad news on the U.S.-China dispute front, but also the U.S. relationship with other nations as well," he said.China said on Monday U.S. military ships and aircraft won't be allowed to visit Hong Kong, and also announced sanctions against several U.S. non-government organizations for encouraging protesters to"engage in extremist, violent and criminal acts.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

US stocks retreat on economy and trade jittersNEW YORK (REUTERS) - Wall Street stepped back from last week's record highs on Monday (Dec 2), with weak US manufacturing data and fresh trade worries keeping buyers on the sidelines.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »

US: Stocks retreat on economy and trade jittersUS: Stocks retreat on economy and trade jitters
Source: BusinessTimes - 🏆 15. / 51 Read more »

Stocks to watch: China Everbright, IHH Healthcare, Keppel Reit, Uni-Asia, CasaSTOCKS TO WATCH: China Everbright, IHH Healthcare, Keppel Reit, Uni-Asia, Casa
Source: BusinessTimes - 🏆 15. / 51 Read more »

Singapore stocks: STI resumes Monday afternoon down 0.01% on daySingapore stocks: STI resumes Monday afternoon down 0.01% on day
Source: BusinessTimes - 🏆 15. / 51 Read more »

Hong Kong: Stocks finish on positive noteRead more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »

US stocks tumble on latest tariff, weak dataNEW YORK: Wall Street stocks tumbled on Monday (Dec 2) after President Donald Trump announced new tariff actions on Brazil and Argentina and US ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »