New Trump tariffs send jitters through markets
Tech manufacturers, however, buck downtrend as sector recovers; STI loses 14.89 points or 0.5% to close at 3,173.08
BY reimposing tariffs on imports of some base metals from Brazil and Argentina, US President Donald Trump stole the headlines in a way only he could, leaving regional markets reeling from fears his trade offensive has found other victims.
But that did little to affect the rally of Singapore-listed tech manufacturers, which have in recent weeks been riding the tailwinds of a recovery.
These cyclically sensitive counters were also given a boost after official factory data from China saw a reversal of a seven-month contraction in November.
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