Asian stocks down after Trump Fed firing, tariff threats

Legit | 26-08-2025 02:58pm |

Asian stocks retreated Tuesday after a series of market-rattling announcements by US President Donald Trump, including the unusual firing of a central bank official and threats to impose export controls on microchips. Asian markets started Tuesday broadly lower, tracking drops made the previous day in New York and Europe.

Stay Updated with the Latest News!

Don't miss out on breaking stories and in-depth articles.