Asian markets get respite due to lull in tariffs news, dollar


Stocks in emerging Asian markets got some respite on Wednesday, with Indonesian stocks snapping a five-day losing streak, after a lull in the constant news flow of U.S. tariffs, which also stemmed the dollar's rally and gave Asian currencies a breather.

Asian markets have been on the back foot for the past two days as U.S. President Donald Trump first announced tariffs on steel and aluminium imports and promised reciprocal duties on countries that taxed U.S. exports.

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