Asia market mixed, China rises on stimulus bets; U.S. stock futures dip after Trump slaps tariffs on Canada
2025-07-11 05:44:00
Main Idea
U.S. imposed trade tariffs on Canada under President Trump, while China's markets performed well due to anticipated stimulus measures.
Key Points
1. President Donald Trump announced significant trade tariffs against Canada.
2. China's markets outperformed the region.
3. China's market performance was driven by expectations of further stimulus measures.
Description
Asia stock markets trade mixed on Friday, reacting to renewed worries about U.S. trade tariffs following President Donald Trump's announcement of significant duties against Canada. Meanwhile, China's markets outperformed the region, driven by expectations of further stimulus measures. Meanwhile, President Trump reportedly plans to impose blanket tariffs of 15–20% on most major trade partners after announcing 35% tariffs on Canadian imports starting August 1. Gold rose to around $3,330 per ounce ...
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