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International Business Times
International Business Times
Business

Asian Markets Mixed As Traders Weigh Trump's Latest Tariff Salvo

Donald Trump warned he will impose 25 percent tariffs on imports of steel and aluminium (Credit: AFP)

Equities were mixed in Asia on Monday after Donald Trump ramped up his trade war by announcing huge tariffs on steel and aluminium imports and warned every country would face "reciprocal" levies.

Another week got off to an uncertain start following losses on Wall Street that came in reaction to data showing US consumers increasingly worried about inflation and news that far fewer jobs than expected were created last month.

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