Back to today’s briefing

Story perspectives

Asian Markets Waver Amid Trump's 55% Tariff Shock

6/13/2025

46 6

Summary

Trump's Trade Turmoil

Asian financial markets are on shaky ground after President Trump's bold trade deal with China, imposing a staggering 55% tariff on imports. While South Korea's Kospi managed a slight uptick of 0.34%, Japan's Nikkei 225 and Hong Kong's Hang Seng slipped, as investors grapple with fears of escalating tariffs and a looming global economic slowdown.

Summary

Lee Jae-myung's Market Revamp

South Korean President Lee Jae-myung is on a mission to invigorate capital markets, advocating for increased dividend payouts and tougher regulations on unfair trading practices. His bold tax reforms and a “one-strike-out” policy for securities fraud aim to elevate the KOSPI index to 5,000, fostering a climate of trust and transparency for investors.

1 of 2

Trump's Trade Turmoil

Asian financial markets are on shaky ground after President Trump's bold trade deal with China, imposing a staggering 55% tariff on imports. While South Korea's Kospi managed a slight uptick of 0.34%, Japan's Nikkei 225 and Hong Kong's Hang Seng slipped, as investors grapple with fears of escalating tariffs and a looming global economic slowdown.

1 / 2