Asian markets swing as tariff uncertainty looms large

Traders keep a nervous eye on US President Donald Trump’s next moves after he signed off on 25 percent tariffs for steel and aluminum imports, having warned of more measures to come.

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U.S. President Donald Trump, joined by Commerce Secretary nominee Howard Lutnick, holds up an executive order imposing tariffs on steel imports after signing the order in the Oval Office at the White House on February 10, 2025 in Washington, DC. Trump announced a 25 percent tariff on all foreign steel and aluminum imports into the United States. PHOTO: GETTY IMAGES VIA AFP

February 11, 2025

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