Asian shares skid after Wall Street tumbles to its worst day since April as China trade woes worsen

Asian shares skid after Wall Street tumbles to its worst day since April as China trade woes worsen https://www.taxtmi.com/news?id=58600 The US threat to increase tariffs on China in response to Beijing's restrictions on rare earth exports has heightened trade policy hostility and shifted trade flows, with China reporting an 8.3% rise in overall exports but a 27% drop in exports to the US; the announcement and related export controls triggered sharp declines in Asian equity indices, broader market volatility, and notable moves in oil prices and 10 year Treasury yields. en-us Mon, 13 Oct 2025 11:31:03 +0530 Mon, 13 Oct 2025 11:31:03 +0530 TaxTMI RSS Generator Asian shares skid after Wall Street tumbles to its worst day since April as China trade woes worsen https://www.taxtmi.com/news?id=58600 The US threat to increase tariffs on China in response to Beijing's restrictions on rare earth exports has heightened trade policy hostility and shifted trade flows, with China reporting an 8.3% rise in overall exports but a 27% drop in exports to the US; the announcement and related export controls triggered sharp declines in Asian equity indices, broader market volatility, and notable moves in oil prices and 10 year Treasury yields. News - Mon, 13 Oct 2025 11:31:03 +0530 https://www.taxtmi.com/news?id=58600