US EditionBiggest cost from Trump’s tariffs is uncertainty for Asian carmakers
- Investors braced for potential tariffs from Donald Trump on Wednesday.
- Uncertainty around tariff announcements and implementation fueled market jitters.
- Trump's planned tariffs, dubbed "Liberation Day", targeted countries he claimed were "ripping off" the U.S.
- Sweeping auto tariffs of 25 percent were announced last week, increasing trade war fears.
- Economists warned tariffs might harm economic growth and reignite inflation, impacting central bank rate cuts.
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Asian markets edge up but uncertainty rules ahead of Trump tariffs
HONG KONG, China — Asian markets edged up Wednesday as nervous investors brace for Donald Trump’s wave of tariffs later in the day, though speculation about what he has in store is stoking uncertainty on trading floors. Equities have been battered leading up to the US president’s announcement — which he has dubbed “Liberation Day” —
·Manila, Philippines
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Total News Sources39
Leaning Left3Leaning Right9Center3Last UpdatedBias Distribution60% Right
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- 60% of the sources lean Right
60% Right
L 20%
C 20%
R 60%
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