BANGKOK (AP) — Asian and European shares slid on Wednesday after U.S. President Donald Trump’s latest tariff hikes took effect and he threatened to add still more.
Uncertainty is running high about what Trump will do next in his trade war. In a speech Tuesday night he said plans tariffs on pharmaceuticals so that more medications would be made in the U.S.
kAm%CF>AVD =2E6DE E2C:77D :?4=F56 2 >2DD:G6 `_cT =6GJ @? &]$] :>A@CED @7 r9:?6D6 AC@5F4ED] w@H6G6C[ r9:?6D6 >2C<6ED C6G6CD65 62C=J =@DD6D 2?5 82:?65 8C@F?5 @? (65?6D52J]k^Am
kAmsC:G:?8 E96 82:?D H6C6 >2DD:G6 D92C6 3FJ3246?E 7F?5D 2?5 @E96C DE2E6 4@>A2?:6D E92E @7E6? 2C6 :?DECF4E65 E@ DFAA@CE E96 >2C<6E 😕 E:>6D @7 4C:D:D] x?G6DE@CD 2=D@ 2C6 6IA64E:?8 E96 8@G6C?>6?E E@ DE6A FA DA6?5:?8 2?5 @E96C >62DFC6D E@ 96=A 4@F?E6C E96 :>A24E @7 E96 E2C:77D[ H9:49 H:== 9:E D>2== >2?F724EFC6CD 2?5 EC256CD E92E 4C62E6 E96 >@DE ;@3D E96 92C56DE]k^Am
kAmq6:;:?8 :DDF65 2 A@=:4J A2A6C C6:E6C2E:?8 k2 9C67lQ9EEADi^^2A?6HD]4@>^5c_5chf7e6_f66c`eb5ggccb43fd23b7Qmr9:?2VD C:89Ek^2m E@ AC@E64E :ED 3FD:?6DD6D H:E9 F?DA64:7:65 4@F?E6C>62DFC6D[ H9:=6 :E 6>A92D:K65 :E AC676CC65 E@ C6D@=G6 EC256 :DDF6D E9C@F89 5:2=@8F6]k^Am
kAm%96 A2A6C 2=D@ 2C8F65 E92E E2<:?8 :?E@ 244@F?E EC256 😕 D6CG:46D 2?5 &]$] 4@>A2?:6D’ @A6C2E:@?D 😕 r9:?2[ 64@?@>:4 6I492?86 36EH66? E96 EH@ 4@F?EC:6D 😀 “C@F89=J 😕 32=2?46]”k^Am
kAmw@?8 z@?8VD w2?8 $6?8 C@D6 _]fT[ H9:=6 E96 $92?892: r@>A@D:E6 :?56I 4=@D65 `]bT 9:896C]k^Am
kAm%92:=2?5VD 36?49>2C< 2=D@ C@D6[ 2AA2C6?E=J 5F6 E@ DA64F=2E:@? E92E q6:;:?8 >:89E 36 AC6A2C:?8 E@ 9@=5 E2=A 25>:?:DEC2E:@?] %96 F?4@?7:C>65 CF>@CD 96=A65 AFD9 E96 7FEFC6 7@C E96 $U2>Aj! d__ FA _]bT[ H9:=6 E92E 7@C E96 s@H H2D F?492?865]k^Am
kAmt=D6H96C6[ >2C<6ED C6>2:?65 8=@@>J] y2A2?VD }:<<6: aad 4=@D65 b]hT =@H6C[ 2E b`[f`c]_b 2?5 !C:>6 |:?:DE6C $9:86CF xD9:32 4@?G6?65 2 >66E:?8 @7 E@A 7:?2?4:2= >:?:DE6CD E@ C6:E6C2E6 9:D 42== 7@C E96> E@ 5@ H92E E96J 42? E@ >:E:82E6 E96 52>286 7C@> E2C:77D E@ y2A2?6D6 2FE@>2<6CD 2?5 @E96C >2?F724EFC6CD]k^Am
kAm%2:H2? =65 E96 =@DD6D 😕 pD:2[ 2D :ED %2:6I A=F?865 d]gT] q:8 E649 :?5FDEC:6D H6C6 2>@?8 E96 3:886DE 564=:?6CD] r@>AFE6C 49:A 8:2?E %$|r r@CA] 5C@AA65 b]gT H9:=6 :!9@?6 >2<6C w@? w2: !C64:D:@? x?5FDECJ A=F?865 `_T]k^Am
kAmx? x?5:2[ E96 $6?D6I 564=:?65 _]dT 2D E96 46?EC2= 32?< 4FE :ED 36?49>2C< :?E6C6DE C2E6[ H9:=6 q2?8<@<’D $t% D965 _]gT]k^Am
kAm$@FE9 z@C62’D z@DA: =@DE `]fT E@ a[ahb]f_[ 2?5 E96 8@G6C?>6?E D2:5 :E H@F=5 AC@G:56 96=A 7@C :ED 36=628F6C65 2FE@>2<6CD] %96 $U2>Aj!^p$) a__ 😕 pFDEC2=:2 564=:?65 `]gT E@ f[bfd]__] $92C6D 😕 }6H +62=2?5 2=D@ 76==]k^Am
kAmx? 62C=J tFC@A62? EC25:?8[ v6C>2?JVD sp) =@DE a]cT E@ `h[fhe]gb] x? !2C:D[ E96 rpr c_ 564=:?65 a]cT E@ e[hb_]ea] qC:E2:?VD u%$t `__ 82G6 FA a]aT E@ f[fbd]fa]k^Am
kAm~? %F6D52J[ E96 $U2>Aj! d__ 5C@AA65 `]eT 27E6C H:A:?8 @FE 2? k2 9C67lQ9EEADi^^2A?6HD]4@>^2CE:4=6^DE@42C<6ED\?:<<6:\E2C:77D\ECF>A\fe5_56afg2e425ah`246eac2fc2e2`3eQm62C=J 82:?k^2m @7 c]`T] %92E E@@< :E ?62C=J `hT 36=@H :ED C64@C5 D6E 😕 u63CF2CJ] %96 s@H y@?6D x?5FDEC:2= pG6C286 5C@AA65 _]gT[ H9:=6 E96 }2D52B 4@>A@D:E6 =@DE a]`T]k^Am
kAm$E@4^2CE:4=6^ECF>A\EC256\E2C:77D\2D:2\dfh7`ga44ea_caf_56a63b7dch`__3a6Qm8=@32==J @? %F6D52Jk^2m[ H:E9 :?56I6D FA eT 😕 %@:D> @C 3FJ:?8 6?E9FD:2D> 2AA62C65 E@ 92G6 5:DD:A2E65 3J E96 E:>6 E96 D92CA=J 9:896C E2C:77D 3642>6 C62=:EJ]k^Am
kAmp?2=JDED D2J E96 >2C<6ED H:== 92G6 >@C6 DH:?8D k2 9C67lQ9EEADi^^2A?6HD]4@>^2CE:4=6^DE@42C<6ED\?:<<6:\E2C:77D\ECF>A\fe5_56afg2e425ah`246eac2fc2e2`3eQmFA 2?5 5@H?k^2m 8:G6? F?46CE2:?EJ @G6C 9@H =@?8 %CF>A H:== <66A E96 DE:77 E2C:77D @? :>A@CED[ H9:49 H:== C2:D6 AC:46D 7@C &]$] D9@AA6CD 2?5 D=@H E96 64@?@>J] x7 E96J A6CD:DE[ 64@?@>:DED 2?5 :?G6DE@CD 6IA64E E96> E@ 42FD6 2 C646DD:@?] x7 %CF>A =@H6CD E96> E9C@F89 ?68@E:2E:@?D C6=2E:G6=J BF:4<=J[ E96 H@CDE\42D6 D46?2C:@ >:89E 36 2G@:565]k^Am
kAmw@A6 DE:== C6>2:?D @? (2== $EC66E E92E ?68@E:2E:@?D >2J 36 A@DD:3=6[ H9:49 96=A65 5C:G6 E96 >@C?:?8’D C2==J] %CF>A D2:5 %F6D52J E92E 2 4@?G6CD2E:@? H:E9 $@FE9 z@C62’D 24E:?8 AC6D:56?E 96=A65 E96> C6249 E96 “4@?7:?6D 2?5 AC@323:=:EJ @7 2 8C62E stp{ 7@C 3@E9 4@F?EC:6D]”k^Am
kAm%CF>A’D EC256 H2C 😀 2? 2EE24< @? E96 8=@32=:K2E:@? E92E’D D92A65 E96 H@C=5’D 64@?@>J 2?5 96=A65 3C:?8 5@H? AC:46D 7@C AC@5F4ED @? DE@C6 D96=G6D 3FE 2=D@ 42FD65 >2?F724EFC:?8 ;@3D E@ =62G6 7@C @E96C 4@F?EC:6D] %CF>A 92D D2:5 96 H2?ED E@ ?2CC@H EC256 567:4:ED[ H9:49 >62DFC6 9@H >F49 >@C6 E96 &?:E65 $E2E6D :>A@CED 7C@> @E96C 4@F?EC:6D E92? :E D6?5D E@ E96> 2D 6IA@CED]k^Am
kAmx? @E96C 562=:?8D 62C=J (65?6D52J[ &]$] 36?49>2C< 4CF56 @:= 76== S`]hd E@ Sdf]eb A6C 32CC6=] qC6?E 4CF56[ E96 :?E6C?2E:@?2= DE2?52C5[ D965 Sa]_a E@ Se_]g_ A6C 32CC6=]k^Am
kAm%96 &]$] 5@==2C 76== E@ `cd]b_ y2A2?6D6 J6? 7C@> `ce]ah J6?] %96 6FC@ C@D6 E@ S`]`_bd 7C@> S`]_hhd]k^Am
kAm%96 AC:46 @7 8@=5 C@D6 Sfc E@ Sb[_eb 2? @F?46]k^Am
Copyright 2025 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission.
AloJapan.com