2 Dec by Vitaliy Dadalyan

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GLOBAL MARKETS-Stocks drop as Trump's Latin American tariffs revive trade angst

GLOBAL MARKETS-Stocks drop as Trump's Latin American tariffs revive trade angstAsian shares skidded on Tuesday after U.S. President Donald Trump stunned markets with tariffs against Brazil and Argentina, recharging fears about global trade tensions, while weak U.S. factory data added to the investor gloom. MSCI’s broadest index of Asia-Pacific shares outside Japan was down 0.45% in early trade, with Australian shares dropping nearly 2%, on track for their worst day in two months.

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