US so-called ‘reciprocal’ tariffs set to take effect, triggering widespread opposition, market uncertainty
2025-04-02 22:55:18 source：Global Times
April 2, 2025
The new US administration is set to announce its reciprocal tariffs on Wednesday local time, prompting widespread concern and opposition over the uncertainty they could unleash, according to media reports.
As the date approaches, global financial markets including the US stock market have experienced a rollercoaster ride as investors' anxiety continues to worsen.
Asia-Pacific markets were mixed on Wednesday. Japan's benchmark Nikkei 225 edged up 0.28 percent higher to close at 35,725.87, and the broader Topix index closed down by 0.43 percent at 2,650.29. Meanwhile, South Korea's Kospi slipped 0.62 percent to close at 2,505.86 while the Kosdaq declined 0.95 percent to close at 684.85.
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