APAC Markets React to New US Auto Tariffs
About this episode
On today's episode, Asian equities declined at the open Thursday after President Donald Trump’s latest trade salvo scuppered demand for riskier investments. Shares of Toyota Motor Corp. and Hyundai Motor Co. were among automakers slumping in Asia after Trump unveiled a new 25% tariff on all automobiles imported into the United States. We speak with Mary Nicola, Bloomberg MLIV Strategist in Singapore.
Plus - a look at how this expanding global trade war is being digested by Wall Street. Robert Schein, Chief Investment Officer at Blanke Schein Wealth Management, joins the program.
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