French president says the pause on reciprocal tariffs ‘is a fragile one’ as stocks in Japan and Hong Kong sink further
A week of turmoil unleashed by US President Donald Trump’s tariffs showed little sign of easing on Friday, with some markets again tumbling and French president Emmanuel Macron describing the 90-day tariff pause as “fragile”.
Asian indices followed Wall Street lower on Friday with Japan’s Nikkei down nearly 5% and Hong Kong stocks heading towards the biggest weekly decline since 2008. Oil prices were also set to drop for a second straight week.