Asia markets steady amid new Trump tariffs, China rises on strong trade data; Wall Street futures fall
2025-07-14 06:15:57
Main Idea
U.S. President Donald Trump announced tariffs, while Chinese markets responded positively to strong June trade data.
Key Points
1. U.S. President Donald Trump announced new tariffs.
2. Chinese markets gained due to strong June trade data.
Description
Asian stocks mostly held steady on Monday as investors reacted to new trade tariffs announced by U.S. President Donald Trump, while Chinese markets gained on strong June trade data. Market sentiment was also influenced by rising global trade frictions after US President Donald Trump imposed a 30% tariff on imports from the European Union and Mexico, effective August 1. In response, EU and Mexican officials expressed willingness to negotiate, and the EU began talks with other affected partners. G...
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