Asian shares decline despite rebound on Wall St as investors await next steps in trade wars
2 weeks ago

Asian shares decline despite rebound on Wall St as investors await next steps in trade wars

Associated Press  

BANGKOK — Asian shares were mostly lower on Thursday despite a rebound on Wall Street fueled by an encouraging update on U.S. consumer prices. Chinese markets slipped as investors watched for the next steps in President Donald Trump’s trade war. The inflation report showed overall prices rose less for U.S. consumers last month than economists expected. Wednesday’s inflation report came at a time when worries are mounting that Trump’s tariffs will drive prices even higher as U.S. importers pass on their costs to their customers.

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