New Trump tariffs send jitters through markets

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.