Tuesday, October 07, 2025

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September 26, 2025 9:10 AM

Stocks slump as Trump slaps new tariffs, Fed cut bets recede

Shares in Asia slid on Friday, with pharmaceutical companies hit hard after U.S. President Donald Trump unveiled a fresh round of punishing tariffs and as traders pared bets of sharp U.S. rate cuts following stronger-than-expected economic data. Tru...

 

Last updated on: 7th Oct 2025