Regional shares sink as trade war worries mount

Quick Summary:

RECAP: Asian stocks slid yesterday with heavy selling in South Korea and Japan, while safe-haven gold traded at a record high as the latest tariff salvo from US President Donald Trump stoked investor worries of an all-out trade war.

He signalled some flexibility on other tariffs scheduled to take effect on April 2, and plans to speak with President Xi Jinping after China announced tariffs on US agricultural imports.

Thailand ranks 10th on the "Dirty 15" list of countries with high trade surpluses, making it particularly vulnerable to the reciprocal tariffs that Trump is preparing to announce next week.

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Article Details

Category: EconomyBusiness

Markets: ThailandAustraliaChinaGermanyJapanSouth Korea

Topics: Market Trade Tariffs Baht Billion Investors Stocks Securities February Trump Thailand

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-29 @ 06:12:00 (2 days ago)

News Timezone: GMT +8:00

News Source URL: bangkokpost.com

Language: English

Article Length: 1483 words

Reading Time: 9 minutes read

Sentences: 18 lines

Sentence Length: 83 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bangkok Post

News ID: 27393651

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Main Topics: EconomyBusiness

Official Website: bangkokpost.com

Update Frequency: 13 posts per day

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