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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

Published Tue, Dec 3, 2019 · 09:50 PM
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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…

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