Source: International Business Times
Hong Kong stocks rose more than one percent to lead most Asian markets higher AFP Stocks mostly rose Friday in Asia, tracking records in New York and London, as investors absorbed US President Donald Trump's latest tariff salvos amid optimism that most countries will strike a deal to avoid the worst of his levies. The US president has ramped up his trade war in the past week by firing off more than 20 letters to governments outlining new tolls if agreements aren't reached by August 1. He has also said he would impose 50 percent tariffs on copper imports, while threatening 200 percent on pharmaceuticals, and hit Brazil with a new 50 percent charge.
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