Asian shares fall as US unleashes fresh tariffs, jobs data up next

Government

SYDNEY :Asian shares fell on Friday after the U.S. slapped dozens of trading partners with steep tariffs, while investors anxiously await U.S. jobs data that could make or break the case for a Fed rate cut next month. Late on Thursday, President Donald Trump signed an executive order imposing tariffs ranging from 10 per cent to 41 per cent on U.S. imports from dozens of countries and foreign locations. Rates were set at 25 per cent for India's U.S.-bound exports, 20 per cent for Taiwan's, 19

Tag-uri: Donald Trump

Asian shares fall as US unleashes fresh tariffs, jobs data up next https://www.channelnewsasia.com/ - 01.08.2025 05:30

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Asian shares fall as US unleashes fresh tariffs, jobs data up next https://www.channelnewsasia.com/ - 01.08.2025 05:30