Mariko Oi

But for China, of course, they already had the 10% tariff earlier last month, and that has basically been doubled. So it's now 20% tariffs on everything that gets imported from China into the United States. Thank you very much. would be quite significant. But let's also not forget about the US economy, because these tariffs would likely push up prices of products being sold in the United States.

But for China, of course, they already had the 10% tariff earlier last month, and that has basically been doubled. So it's now 20% tariffs on everything that gets imported from China into the United States. Thank you very much. would be quite significant. But let's also not forget about the US economy, because these tariffs would likely push up prices of products being sold in the United States.

And that would feed into that cost of living crisis that we've been talking about. And inflation has calmed down a bit, but this could actually feed back into inflation, though Mr. Trump has so far shrugged off the potential damages to the US economy.

And that would feed into that cost of living crisis that we've been talking about. And inflation has calmed down a bit, but this could actually feed back into inflation, though Mr. Trump has so far shrugged off the potential damages to the US economy.

I think that is what investors are worried about. And that's why even before these latest tariffs kicked in at about five o'clock GMT, which was midnight in the US time, when Mr. Trump said that these tariffs would go ahead, because of course, remember, those tariffs on Mexico and Canada, they were kind of put on hold while they negotiated all these deals.

I think that is what investors are worried about. And that's why even before these latest tariffs kicked in at about five o'clock GMT, which was midnight in the US time, when Mr. Trump said that these tariffs would go ahead, because of course, remember, those tariffs on Mexico and Canada, they were kind of put on hold while they negotiated all these deals.

But when Mr Trump said that these tariffs would kick in, we saw US shares falling. And then when those tariffs kicked in, we saw an impact on the Asian markets, which were trading at the time. And of course, we're going to start seeing some impact on the European market as well.

But when Mr Trump said that these tariffs would kick in, we saw US shares falling. And then when those tariffs kicked in, we saw an impact on the Asian markets, which were trading at the time. And of course, we're going to start seeing some impact on the European market as well.

And that is all because investors are worried, as you said, about the global trade war, which would impact, of course, the US economy, and that would, of course, impact the rest of the world. And it's just not something that investors wanted to hear about, because China has repeatedly said that they didn't want a trade war, because in their words, nobody wins a trade war.

And that is all because investors are worried, as you said, about the global trade war, which would impact, of course, the US economy, and that would, of course, impact the rest of the world. And it's just not something that investors wanted to hear about, because China has repeatedly said that they didn't want a trade war, because in their words, nobody wins a trade war.

But of course, Mr. Trump sees tariffs as a negotiating tool, and that's what he's going ahead with.

But of course, Mr. Trump sees tariffs as a negotiating tool, and that's what he's going ahead with.

At first, when we woke up, things looked a bit better because Mexico and Canada, the tariffs that the US were going to impose on those two countries, they managed to delay it at least by a month. So as a result, we started seeing US stock markets making a bit of a comeback. So ending the day slightly lower, but at least making a bit of a recovery. And then Asian markets reopened higher.

At first, when we woke up, things looked a bit better because Mexico and Canada, the tariffs that the US were going to impose on those two countries, they managed to delay it at least by a month. So as a result, we started seeing US stock markets making a bit of a comeback. So ending the day slightly lower, but at least making a bit of a recovery. And then Asian markets reopened higher.

They haven't exactly recovered all the losses from the day before. But at least it looked like a much better day. Then came 5 GMT. So that was around lunchtime Asia time. US hit China with new tariffs, the 10% tariffs that they've been threatening. And of course, this is on top of the slew of tariffs that Mr. Trump announced during the first term. And I think investors were

They haven't exactly recovered all the losses from the day before. But at least it looked like a much better day. Then came 5 GMT. So that was around lunchtime Asia time. US hit China with new tariffs, the 10% tariffs that they've been threatening. And of course, this is on top of the slew of tariffs that Mr. Trump announced during the first term. And I think investors were

Initially, wondering whether there could be some kind of a deal like Mexico and Canada, but then the deadline passed. And then boom, China hit back with its own retiree tariffs. So suddenly, we started seeing reaction in the stock markets in Asia, I have to say, it wasn't too bad. Japan's Nikkei ending the day.

Initially, wondering whether there could be some kind of a deal like Mexico and Canada, but then the deadline passed. And then boom, China hit back with its own retiree tariffs. So suddenly, we started seeing reaction in the stock markets in Asia, I have to say, it wasn't too bad. Japan's Nikkei ending the day.

Slightly higher, and Hong Kong's Hansen Index has actually done quite well as well, whereas the Chinese stock market, the mainland Chinese stock market, remained closed because of the Chinese New Year holiday.

Slightly higher, and Hong Kong's Hansen Index has actually done quite well as well, whereas the Chinese stock market, the mainland Chinese stock market, remained closed because of the Chinese New Year holiday.