Asia-Pacific markets are expected to unfastened lower, tracking losses connected Wall Street arsenic investors weighed weaker-than-expected economical information arsenic good arsenic caller tariff comments from U.S. President Donald Trump.
"We're going to beryllium announcing [tariffs] connected semiconductors and chips, which is simply a abstracted category, due to the fact that we privation them made successful the United States," Trump said connected Tuesday stateside, adding that he'll denote the caller program "within the adjacent week oregon so."
Opening calls
Happy Wednesday from Singapore. Asia markets are poised for a little open.
Australia's S&P/ASX 200 was acceptable to commencement the time little with futures tied to the benchmark astatine 8,739, compared with its past adjacent of 8,770.4.
Japan's benchmark Nikkei 225 was acceptable to unfastened higher, with the futures declaration successful Osaka past traded astatine 40,555 against the index's past adjacent of 40,549.54.
Futures for Hong Kong's Hang Seng Index stood astatine 24,812, pointing to a weaker unfastened compared with the HSI's past adjacent of 24,902.53.
— Lee Ying Shan
Stocks adjacent successful the red
The 3 starring U.S. indexes finished little Tuesday.
The S&P 500 fell 0.49%, closing astatine 6,299.19, portion the Nasdaq Composite slid 0.65% to extremity astatine 20,916.55. The Dow Jones Industrial Average moved 61.90 points lower, oregon 0.14%, to settee astatine 44,111.74.
— Sean Conlon
Trump joins 'Squawk Box' to sermon chips, pharma and more
U.S. President Donald Trump speaks to reporters adjacent Air Force One astatine the the Lehigh Valley International Airport connected August 03, 2025 successful Allentown, Pennsylvania.
Anna Moneymaker | Getty Images
President Donald Trump spoke with "Squawk Box" successful a wide-ranging conversation. Here are immoderate of the highlights:
On semiconductors, Trump said his medication is going to denote caller tariffs "within the adjacent week oregon so." "We're going to beryllium announcing connected semiconductors and chips, which is simply a abstracted category, due to the fact that we privation them made successful the United States," helium said during the interview.
When it comes to his planned pharmaceutical tariffs, Trump said that the levies could eventually scope up to 250%. That's the highest tariff complaint he's threatened to date.
The president besides revealed successful the interrogation that he's considering 4 candidates for aboriginal Federal Reserve chair, which does not see Treasury Secretary Scott Bessent. "Well, I emotion Scott, but helium wants to enactment wherever helium is," Trump said.
— Kevin Breuninger, Annika Kim Constantino, Jeff Cox, Sean Conlon
English (US) ·