Donald Trump looks set to reignite his tariff war with China when he returns to the White House. But a different and friendlier region will become collateral damage. Europe may well be faced with its own Trump tariffs but it’s those aimed at Beijing that could be more detrimental for the region.

Trump announced plans to impose 10% tariffs on Chinese goods “above any additional tariffs,” after blaming the country for the inflow of illegal fentanyl into the U.S.

President-elect Trump has announced plans to implement sweeping tariffs on imports from Canada, Mexico, and China, a move central to his 2024 campaign, but one expert warns that this could drive up prices and disrupt the economy.

Shares of major Asian chip stocks mostly rose on Tuesday, shrugging off the U.S. announcing new emiconductor export controls on China.

SINGAPORE shares ended higher on Tuesday (Dec 3), tracking regional gains as China’s central bank reiterated plans to boost the economy to promote growth in 2025. Read more at The Business Times.

Markets rose across Asia on Monday with traders cheered by healthy Chinese data, while the euro and Paris stocks tumbled as a budget standoff in France fuelled concerns about the eurozone's second-biggest economy.