Asian shares mostly decline as uncertainty grows about what's next with Trump's tariffs

Friday, May 30, 2025 1:00 am ET1min read

Asian shares were mostly lower Friday as uncertainty grew about what will happen next after a U.S. court blocked many of President Donald Trump’s sweeping tariffs.

Japan's benchmark Nikkei 225 lost 1.4% in morning trading to 37,892.39. Government data showed Tokyo core inflation, excluding fresh food, accelerating to a higher-than-expected 3.6% in May. Some analysts say that makes it more likely the Bank of Japan will raise interest rates.

Australia's S&P/ASX 200 was little changed, inching down less than 0.1% to 8,404.50. South Korea's Kospi declined 0.6% to 2,703.64, ahead of a presidential election set for next week.

Hong Kong's Hang Seng slipped 1.4% to 23,235.94, while the Shanghai Composite shed 0.3% to 3,353.07.

Comments



Add a public comment...
No comments

No comments yet