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International Business Times
International Business Times
Business

Investors Walk Fine Line As Trump Tariffs Temper Rate Hopes

Donald Trump threatened to hit imports of pharmaceuticals and microchips with tariffs (Credit: AFP)

Asian investors trod warily Wednesday amid lingering uncertainty over Donald Trump's trade war, while another round of data indicated further weakness in the US economy but added interest rate cut speculation.

The US president's claim that Washington was "very close to a deal" to extend a China truce provided some optimism, though that was tempered by his warning of fresh levies on pharmaceuticals and chips.

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