Asian stock markets reacted mixedly to U.S. President Donald Trump's comments on tariffs, with investors grappling with uncertainty after he hinted at potential tariffs on Chinese imports.
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Currency traders walk near the screens showing the Korea Composite Stock Price Index , left, and the foreign exchange rate between U.S. dollar and South Korean won at a foreign exchange dealing room in Seoul, South Korea, Wednesday, Jan. 22, 2025. Taiwan’s Taiex also gained 1% after Trump's AI investment push, with Taiwan Semiconductor Manufacturing Corp. increasing by 1.3%.
The threat of widespread tariffs, along with the possibility of other policies that could swell the U.S. government’s debt, had helped send Treasury yields higher recently, which in turn knocked down stock prices. To make up for such downward pressure, companies need to deliver stronger earnings growth to support their stock prices.
ASIA STOCK MARKET TARIFFS DONALD TRUMP CHINA
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