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Asia shares rise on prospect of softer Donald Trump tariffs
short by System User / on Tuesday, 7 January, 2025
Asia shares rose on Tuesday, tracking Wall Street's positive lead and as some investors hoped incoming US President-elect Donald Trump could adopt a less aggressive tariff stance than promised when he takes office. Trump aides eye tariffs on key sectors, shifting 2024 stance. Stocks rallied and dollar fell, but Trump's denial reversed it.