GLOBAL MARKETS-Asia Share Markets, Dollar Wary on Tariff News

June 02, 2025, 07.46 AM
Source: ReutersEditor: Anna Suci Perwitasari

GLOBAL MARKET - SYDNEY. Asian share markets made a wary start to the week on Monday as investors navigated the shifting sands of White House tariff policy, while awaiting key U.S. jobs data and a widely expected cut in European interest rates.

There was little obvious reaction to President Donald Trump's threat late Friday to double tariffs on imported steel and aluminium to 50%, beginning on June 4, a sudden twist that drew the ire of European Union negotiators.

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