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

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.

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

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.
Herkunft: The Straits Times - 🏆 8. / 63 Weiterlesen »

US: Stocks retreat on economy and trade jittersUS: Stocks retreat on economy and trade jitters
Herkunft: BusinessTimes - 🏆 15. / 51 Weiterlesen »

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

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

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

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 ...
Herkunft: ChannelNewsAsia - 🏆 6. / 66 Weiterlesen »