Trump's 100% pharma duty fuels Asia selloff; tech losses mirror U.S. AI jitters
Source: SeekingAlpha
2025-09-26 01:15:27 ET
Asia stocks trade mostly in red on Friday after Wall Street’s record-breaking rally stalled overnight amid mixed signals from Fed officials on potential interest rate cuts and concerns over lofty valuations. Global sentiment also weakened after US President Donald Trump unveiled new tariffs on furniture, heavy trucks and pharmaceuticals. Losses in technology stocks– which fell in tandem with their U.S. peers amid uncertainty over the sustainability of the artificial intelligence trade, also pressured Asian markets....
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Trump's 100% pharma duty fuels Asia selloff; tech losses mirror U.S. AI jitters
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