Investors will be keeping a close watch on South Korean stocks following a meeting between U.S. and South Korean presidents over a trade deal.
Asia-Pacific markets mostly fell Tuesday, as investors weighed U.S. President Donald Trump’s escalatory rhetoric on tariffs.
Trump reportedly threatened to „200% tariffs or something“ on China if it does not export rare-earth magnets to the U.S, while also warning levies on countries that do not remove digital taxes and related regulations.
In another move roiling markets, the U.S. president fired Federal Reserve Governor Lisa Cook late Monday stateside, according to a letter he posted on Truth Social.
The Japanese yen, which is traditionally viewed as a safe asset during times of tumult, gained 0.
