Asian markets thumped as Trump tariff salvo fans fresh fears

Asian markets thumped as Trump tariff salvo fans fresh fears

Energy Daily

Published

Hong Kong (AFP) Feb 28, 2025

Asian and European markets tumbled on Friday as US President Donald Trump's volley of tariffs sparked fresh fears about a global trade war that could hammer struggling economies. Disappointing earnings from chip darling Nvidia added to the sense of unease on trading floors, with investors questioning their positions after China's DeepSeek upended a blockbuster rally in the US tech sector.

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