Trump's imposition of tariffs on steel and aluminum has caused market volatility, with Asian stock markets opening under pressure and oil prices rising against the trend.

date
04/06/2025
According to the Securities Times app, President Trump of the United States announced a trade protectionism measure to double tariffs on steel and aluminum imports, causing tension in global markets. Asian stock markets opened weaker on Monday, with prices of safe-haven assets rising. Meanwhile, international oil prices continued to rise due to geopolitical risks and the dual effects of OPEC+ production increases.