Trump on Wednesday stunned markets by awarding a 90-day reprieve on his “Liberation Day” reciprocal levies that had gone into effect less than 24 hours earlier, though he maintained a baseline tariff rate of 10% on most countries.
Asian shares drop after US selloff, treasuries dip
Asian stock markets saw a decline following Wall Street’s losses. Concerns about the United States’ deficit impacted investor sentiment. Treasury yields rose, particularly for long-term