Asian stocks declined on Tuesday as U.S. President-elect Donald Trump threatened to impose additional tariffs on goods from China and other countries. Trump claimed that these measures would help cut migrants and illegal drug flows across U.S. borders, adding 10% tariffs on Chinese goods and 25% on products from Mexico and Canada.
Despite Trump's previous positive moves, such as nominating Scott Bessent, a prominent investor, as Treasury Secretary, which was seen as a more moderate voice on trade, the stock indexes faced a weak open in Asian markets. Investors' focus also turned towards the conglomerate Adani Group, following accusations of bribery and fraud against its top executives by U.S. authorities. While increased tariffs may create more economic challenges for China, Beijing is expected to introduce more fiscal stimulus to counter the effects of the tariffs. The upcoming political meetings in December will be closely watched for any further fiscal measures. Despite these measures, the potential for a renewed Sino-U.S. trade war remains a concern, as it could further disrupt global trade and impact China's export dominance as well as other Asian economies
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Stock market today: Asian stocks decline as China stimulus plan disappoints marketsAsian stocks fell on Monday, led by a more than 2% drop in Hong Kong’s Hang Seng index, as China’s stimulus package disappointed investor expectations.
출처: ksatnews - 🏆 442. / 53 더 많은 것을 읽으십시오 »
Stock market today: Asian stocks decline as China stimulus plan disappoints marketsAsian stocks fell on Monday, led by a more than 2% drop in Hong Kong’s Hang Seng index, as China’s stimulus package disappointed investor expectations. China on Friday approved a 6 trillion yuan plan during a national legislature meeting.
출처: AP - 🏆 728. / 51 더 많은 것을 읽으십시오 »
Stock market today: Asian stocks decline as China stimulus plan disappoints marketsAsian stocks fell on Monday, led by a more than 2% drop in Hong Kong’s Hang Seng index, as China’s stimulus package disappointed investor expectations.
출처: wjxt4 - 🏆 246. / 63 더 많은 것을 읽으십시오 »
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출처: AP - 🏆 728. / 51 더 많은 것을 읽으십시오 »
Stock market today: Asian stocks dip as Wall Street momentum slows with cooling Trump tradeAsian stocks on Wednesday followed Wall Street lower as momentum cooled for the torrid “Trump trade” that swept U.S. markets following Donald Trump’s presidential victory.
출처: wjxt4 - 🏆 246. / 63 더 많은 것을 읽으십시오 »
Stock market today: Asian stocks dip as Wall Street momentum slows with cooling Trump tradeAsian stocks on Wednesday followed Wall Street lower as momentum cooled for the torrid “Trump trade” that swept U.S. markets following Donald Trump’s presidential victory.
출처: ksatnews - 🏆 442. / 53 더 많은 것을 읽으십시오 »