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Trump, Asia
Asia markets slump as Trump’s new trade war rattles global confidence
Asia markets slumped on Monday after Donald Trump slapped tariffs on Canada, Mexico and China, sparking fears that another bruising ‘America First’ trade war that could hit global growth.
Markets in Asia, Europe slide as Trump starts wielding tariffs
Investors braced for a potential trade war after Trump imposed tariffs on goods from Canada, Mexico and China and pledged future tariffs on the European Union.
Asia-Pacific markets in red after tariff confirmation; China vows retaliation on Trump tariffs
Asia-Pacific markets traded in red on Monday amid fears of a global trade war following U.S. tariff measures, triggering a selloff in risk assets. President Donald Trump imposed a 25% tariff on Canadian and Mexican imports and a 10% tariff on Chinese goods,
Here are the winners and losers in Asia from Trump’s tariffs
Asian oil refiners could emerge as winners from the US tariffs, analysts say, with S-Oil Corp. and others in the sector faring better than the broader market. Mr Trump’s trade levies on Canadian and Mexican oil imports may give Asian refineries an edge over their US rivals, while their profit margin is helped by higher product prices. BLOOMBERG
Bitcoin Tumbles 8% to $93K With Billions Liquidated as Asia Awakens to Trump's Trade War
Trump's memecoin (TRUMP) is down 12%. Data from CoinGlass shows that over the last 12 hours nearly $1.3 billion in long positions have been liquidated, with around $400 million in long ether positions and $300 million in long BTC positions.
Bitcoin Drops 8% to $93K as Asia Awakens to Trump's Trade War
Solana's SOL, and XRP were all significantly down as Asia began its trading week. By mid-morning Hong Kong time, BTC was down 8%, trading above $93,100, according to CoinDesk Indices data. Data from CoinGlass shows that over the last 12 hours nearly $1.
Bitcoin slides toward $90,000 after Trump orders tariffs
Cryptocurrencies tumbled on Sunday in a risk-off move after President Donald Trump hit Canada, Mexico and China with long-threatened import tariffs.
Bitcoin falls to $92k, US stock market crashes as Trump vows to escalate tariffs
Bitcoin tanked. It hit $92,681 less than an hour ago before bouncing slightly to $93,831. That’s a 7% drop. Ether wasn’t spared either, crashing 20% to its lowest point since November. The market meltdown began after President Donald Trump threw his trade-war punch Saturday night.
8h
Asia automakers lead the decline as region takes a beating from Trump tariffs
Shares of Japanese and South Korean car makers and their suppliers led declines in Asia on Monday, as exporters across the ...
2h
For China, Trump’s Moves Bring Pain, but Also Potential Gains
President Trump’s tariffs hurt China, but his other actions have alienated U.S. allies, giving Beijing an opening to ...
6h
on MSN
Trump Tariffs Render Auto, Mexico-Exposed Stocks Big Asia Losers
Asian stocks reliant on exports, ranging from Japanese carmakers to Chinese e-commerce firms, nosedived after US President ...
8h
Rupee drops past 87/USD for first time after Trump's tariffs wreck Asia
The Indian rupee weakened past 87 to the U.S. dollar for the first time ever on Monday in the wake of a slump in Asian ...
3h
European stock markets fall as Trump says he will hit EU with tariffs
Asked by the BBC, President Trump says the US will "definitely" hit the EU with tariffs, while something could be "worked out" with the UK.
Channel NewsAsia Singapore
1h
Higher prices, supply chain disruptions: Trump's tariff war could ‘end very badly’, say analysts
Canada, Mexico and China – the US’ top three trade partners – have all vowed to retaliate when the tariffs take effect on ...
Business Times
8h
Hong Kong, Taiwan markets drop as Asia-Pacific markets fall on Trump tariff fears
ASIAN markets fell at the open on Monday (Feb 3) after US President Donald Trump announced tariffs on goods from China, ...
9h
Trump says EU tariffs will happen and UK is 'out of line' but deal 'can be worked out'
The UK is "out of line" in its trade with the US but the situation can be "worked out", President Donald Trump says. Asked by ...
2d
on MSN
Trump wants an ‘Iron Dome’ over the US. But even a mini version in the Pacific is taking a while
President Donald Trump has called for an expansive, next-generation missile defense shield for the mainland United States, ...
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