05 Jul SE Asia Stocks-Most markets fall as U.S. tariffs kick in; S’pore down 2 pct
Most Southeast Asian stock markets fell
on Friday, with Singapore declining 2 percent to a 14-month
closing low, as Washington’s tariffs on Chinese goods took
effect, escalating fears of a full-blown trade war between the
world’s top two economies.
U.S. tariffs on $34 billion of Chinese imports took effect
at 0401 GMT, with Beijing saying it had no choice b
on Friday, with Singapore declining 2 percent to a 14-month
closing low, as Washington’s tariffs on Chinese goods took
effect, escalating fears of a full-blown trade war between the
world’s top two economies.
U.S. tariffs on $34 billion of Chinese imports took effect
at 0401 GMT, with Beijing saying it had no choice b
Sorry, the comment form is closed at this time.