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Asian markets dip as Donald Trump escalates trade war with China

IndiaTimes 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.
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