Asian stocks decline as Trump tariffs sap risk


Employees of Toyota Motor Corp. work on the assembly line of Mirai fuel cell vehicle (FCV) at the company's Motomachi plant in Toyota, Aichi prefecture. Toyota Motor Corp. led shares of Asian automakers lower. - Reuters

NEW YORK: Asian equities declined Thursday (March 27) after President Donald Trump’s latest trade salvo scuppered demand for riskier investments.

Indexes in China, Hong Kong and Japan all fell as did equity-index futures for US stocks in early Asian trading. The Mexican peso and the Canadian dollar slipped. Toyota Motor Corp. led shares of Asian automakers lower while General Motors Co. and Ford Motor Co. dropped in after-market trading in the US.

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Asian , equities , market , March 27

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