Stock market today: Asian shares are mixed after Wall St records despite tariff talk

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Shares are mixed in Asia after U.S. stocks rose to records despite President-elect Donald Trump’s latest talk about tariffs, which caused only ripples on Wall Street.

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The company said the reshuffle, which included appointing Young Hyun Jun, a Samsung vice chairman who heads its Device Solutions division, to be CEO was intended to strengthen Samsung's competitiveness, focusing on computer chips. Australia's S&P/ASX gained 0.5%, to 8,400.10, while India's Sensex edged 0.1% lower. Taiwan's Taiex sank 1.4% and the SET in Bangkok shed 0.6%.44,860.31, besting its own record

Unless the United States can prepare alternatives for the autos, energy products and other goods that come from Mexico, Canada and China, such tariffs would raise the price of imported items all at once and make households poorer, according to Carl Weinberg and Rubeela Farooqi, economists at High Frequency Economics.They would also hurt profit margins for U.S. companies, while raising the threat of retaliatory tariffs by other countries.

 

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