Tariff war: Asian markets react as Donald Trump doubles down on new levies
US President Donald Trump's plans to impose 25 per cent tariffs on steel and aluminium rippled across markets in Asia. As an indication, aluminium futures in London traded up while in the US, steel coil jumped more than five per cent. CNA talks to Alexander Kershaw, Senior Analyst at Fastmarkets, on how the White House's latest plans will impact Asian producers and suppliers. (Audio issues inherent from source)
US President Donald Trump's plans to impose 25 per cent tariffs on steel and aluminium rippled across markets in Asia. As an indication, aluminium futures in London traded up while in the US, steel coil jumped more than five per cent. CNA talks to Alexander Kershaw, Senior Analyst at Fastmarkets, on how the White House's latest plans will impact Asian producers and suppliers. (Audio issues inherent from source)
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