Wednesday, March 12, 2025

Most Asian stocks drop as Trump trade policy sows uncertainty

INTRO: Asian equities mostly fell Wednesday as investors continued to worry over Donald Trump's trade policies amid increasing concern that his tariffs could send the US economy into recession.

Tokyo edged up along with Seoul, Jakarta and Taipei. But Hong Kong, Shanghai, Singapore and Manila were in the red, with Sydney down more than one percent, on concerns about the impact of Trump's latest tariffs on Australia's economy. Laura Westbrook reports.