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Asia markets trade in red on heightened US-China trade tensions; U.S. futures dip after Trump doubles steel tariffs

Source: SeekingAlpha

2025-06-02 02:07:39 ET

Asia stock markets trade in red on Monday, followed President Trump's announcement on Friday of plans to raise steel import tariffs from 25% to 50%, effective Wednesday, framing it as a step to reduce reliance on China....

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Asia markets trade in red on heightened US-China trade tensions; U.S. futures dip after Trump doubles steel tariffs
Direxion Daily FTSE China Bear 3X

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