Major stock markets across Asia Pacific region sank Monday amid mounting fears of a renewed trade war between the world’s two largest economies, after US President Donald Trump threatened to impose new triple-digit tariffs on Chinese imports. Trump’s threat followed Beijing’s tightening of its control on rare earths, a group of critical minerals essential in the production of a wide range of electronics, automobiles and semiconductors. China dominates the global rare earth supply chain. Those restrictions came after the US introduced a slew of its own export controls targeting...
Monday 13 October 2025
wn.com - 11 hours ago
Fears of renewed US-China trade tensions send Asian stocks south
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