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Asian markets rise as traders look past Trump chip threat

Energy Daily Thursday, 7 August 2025 ()
Asian markets rise as traders look past Trump chip threatHong Kong (AFP) Aug 7, 2025

Asian equities rose Thursday as investors looked past Donald Trump's threat to impose 100 percent tariffs on semiconductors, with optimism still high that the Federal Reserve will slash interest rates next month. A day before sweeping tariffs came into effect on dozens of countries, the US president said Washington would also be placing a "100 percent" tariff on chips and semiconductors but
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News video: Lula Accuses U.S Of Staging ‘Brazil Coup’ | SLAMS Trump’s 50% Tariff Threat As Economic Blackmail

Lula Accuses U.S Of Staging ‘Brazil Coup’ | SLAMS Trump’s 50% Tariff Threat As Economic Blackmail 03:51

Brazilian President Luiz Inacio Lula da Silva has delivered a fiery rebuke to the United States, accusing Washington of aiding a coup in Brazil and using economic threats as political weapons. Speaking at a Workers’ Party event in Brasília, Lula condemned the 50% tariff threat from President...

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