Asian markets dip as Donald Trump escalates trade war with China
Monday, 2 June 2025 () Asian stocks plummeted following US President Donald Trump's renewed trade war threats, including increased tariffs on China and accusations of breached agreements. This overshadowed positive US inflation data, fueling concerns about the economic impact of tariffs. Hong Kong's market was particularly affected by property sector worries, while oil prices surged.
U.S. President Donald Trump hailed the election of Karol Nawrocki as Poland's Next President. Trump who had publicly endorsed Nawrocki and met him before the election, celebrated the win, calling him a..
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The U.S.-China tariff conflict continues to escalate as China denies any plans for a phone call between President Xi Jinping and President Trump, contradicting White House claims. With trade tensions..