Asia stocks retreat as U.S.-China tariff retaliation fears intensify, ignoring Trump's late-day reassurance
Source: SeekingAlpha
2025-10-13 01:47:59 ET
Asia stocks trade in red on Monday as sentiment soured after U.S. President Trump announced Friday a 100% tariff on all Chinese goods effective November 1, in retaliation for China’s new export curbs on rare earth minerals. The pressure on regional equities persisted despite a late attempt at reassurance from President Donald Trump, who wrote on Truth Social, "Don’t worry about China, it will all be fine." ...
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Asia stocks retreat as U.S.-China tariff retaliation fears intensify, ignoring Trump's late-day reassurance
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