AFP

Asian markets mixed as Trump flags fresh tariffs, eyes on trade talks

Stocks were mixed Wednesday as investors assessed Donald Trump’s latest tariff threats, while keeping an eye on trade talks after the US president warned he would not again extend a deadline to reach deals.Investors took in their stride news that Trump had sent letters to 14 countries outlining his new levies on expectations that most …

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US stocks mostly lower as Trump adds copper, pharma to tariff onslaught

Europe eked out small gains but Wall Street mostly fell Tuesday as President Donald Trump added tariff threats on copper and pharmaceuticals to his broadening trade agenda.Trump announced plans for a 50 percent duty on copper imports and a potential 200 percent levy on pharmaceuticals a day after the White House sent letters to Japan, …

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Trump says to set 50% copper tariff, no extension to August deadline

President Donald Trump said Tuesday that he would not extend an August 1 deadline for higher US tariffs to take effect on dozens of economies, while announcing plans for a separate 50 percent duty on copper imports.The copper levy would broaden a slate of sector-specific actions Trump has imposed since returning to the White House, …

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Major garment producer Bangladesh seeks deal after 35% US tariff

Bangladesh, the world’s second-biggest garment manufacturer, holds hope to reduce the 35 percent tariff that US President Donald Trump said he will impose, the country’s top commerce official told AFP on Tuesday.Textile and garment production accounts for about 80 percent of exports in Bangladesh and the industry has been rebuilding after it was hit hard …

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Most markets rise as Trump sends tariff letters, delays deadline

Most stocks rose Tuesday as traders cautiously welcomed Donald Trump’s extension of his tariff deadline and indication he could push it back further, though uncertainty over US trade policy capped gains.Days before the three-month pause on his “Liberation Day” tariffs was set to expire, the US president said he would give governments an extra three …

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After the revolution, Bangladesh warms to China as India fumes

Protests in Bangladesh that toppled the government last year triggered a diplomatic pivot, with Dhaka warming towards China after neighbouring India was angered by the ousting of its old ally Sheikh Hasina.One year since the protests, that realignment risks intensifying polarisation — and fears of external interference — as political parties in Bangladesh jostle for …

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US stocks retreat from records on Trump tariff deluge

Stock markets were mixed Monday with US indices retreating from records as President Donald Trump’s aggressive trade policy came back to the forefront, reviving worries about trade wars and inflation.”Tariff threats look likely to take center stage yet again this week, following further developments over the weekend,” noted Richard Hunter, head of markets at Interactive …

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