Stocks in Asia were mostly down Tuesday, after U.S. President Donald Trump imposed 25% tariffs on all U.S. imports of steel and aluminum.
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Currency traders work near a screen showing the Korea Composite Stock Price Index and the foreign exchange rate between U.S. dollar and South Korean won, top right, at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Tuesday, Feb. 11, 2025. In China, Trump has pressed ahead with 10% tariffs on Chinese goods, while China has retaliated by imposing tariffs on U.S. coal and liquefied natural gas products as well as crude oil, agriculture machinery and large-engine cars.
The S&P 500 rose 40.45 points to 6,066.44 on Monday. The Dow Jones Industrial Average added 167.01 to 44,4701.41, and the Nasdaq composite jumped 190.87 to 19,714.27.
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