Straits Times Index falls as fears resurface

INVESTORS' allayed concerns early in the week were short-lived as Asian markets were rattled on Wednesday.

This came after the Trump administration announced plans to impose 10 per cent tariffs on a new list of Chinese imports worth US$200 billion.

In a morning note, IG market strategist Pan Jingyi said: "The additional tariffs while not slated for immediate implementation, with a two-month review process scheduled until hearings in late August, does point to the likelihood of eventual materialisation.