Asia, Rubio and Trump
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Chinese Foreign Minister Wang Yi called on Southeast Asian nations to uphold openness and cooperation Thursday, delivering a message of inclusivity as President Donald Trump threatens sweeping tariffs on nations across the region.
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NDTV Profit on MSNTrump Tariffs LIVE: 50% Levy On Brazil; New Letters Issued To Iraq, Libya, Sri Lanka, OthersOn Wednesday, Trump has effectively: Imposed 30% tariffs on Libya, Iraq, Sri Lanka, and Algeria. Slapped 25% tariffs on Moldova and Brunei. Announced 50% tariffs on Brazil.
By Rae Wee SINGAPORE (Reuters) -Asian stocks rose slightly on Thursday, riding on optimism from Nvidia's brief rise to a world-record $4 trillion valuation and as investors largely shrugged off U.S. President Donald Trump's latest tariff salvos.
Fast Retailing - owner of Japanese fashion giant Uniqlo - is forecasting record sales but has conceded that tariffs will take a bite from profits and prompt price rises.
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Asian markets largely shrugged off the Trump administration’s latest announcement of tariff rates on some of its trading partners, as the U.S. president also seemingly pushed the start date for new taxes to Aug.
The Indian rupee is poised to open weaker on Wednesday, pressured by a renewed tariff barrage from U.S. President Donald Trump that widened the scope of his trade offensive. The 1-month non-deliverable forward indicated an open in the 85.
President Donald Trump ’s latest executive order delaying official tariff increases on dozens of countries until Aug. 1 has relieved some pressure on world markets, but he also ordered a 25% tax on goods imported from Japan and South Korea,
Global markets shrugged off news of Trump's latest tariffs, with both Asia-Pacific and Europe stocks staging a muted response Tuesday.