Asian Shares Mixed Amid Trump’s Tariff Fears

From Nasdaq: 2025-04-21 04:01:00

Asian stocks had a mixed day of trading with markets closed in Hong Kong, Australia, and New Zealand for Easter. The U.S. dollar dropped after Trump threatened to fire Fed Chair Powell and criticized his rate decisions. Trump’s warnings about “non-tariff cheating” by foreign nations also weighed on the dollar. U.S.-China tensions escalated, leading to falling oil prices and rising gold prices. In Asia, the Shanghai Composite rose, while Japanese markets fell sharply due to a stronger yen. Seoul stocks edged up despite declines in exports to the U.S. and China.



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