Indonesia–U.S. Tariff Talks Near Completion as Both Sides Push for Year-End Deal 
Japan Business Sentiment Hits Four-Year High, Boosting Expectations of BOJ Rate Hike 
Ireland Limits Planned Trade Ban on Israeli Settlements to Goods Only 
Asian Technology and Chipmaking Stocks Slide as AI Spending Concerns Shake Markets 
China’s November Economic Data Signals Slowing Industrial Output and Weak Consumer Demand 
Gold Prices Dip as Markets Absorb Dovish Fed Outlook; Silver Eases After Record High 
South Korea Extends Bond Market Stabilization Measures Amid Rising Financial Risks 
Global Markets Slide as Tech Stocks Sink, Yields Rise, and AI Concerns Deepen 
Modi and Trump Hold Phone Call as India Seeks Relief From U.S. Tariffs Over Russian Oil Trade 
U.S. Dollar Slides for Third Straight Week as Rate Cut Expectations Boost Euro and Pound 
Fed Rate Cut Signals Balance Between Inflation and Jobs, Says Mary Daly 
Oil Prices Rebound in Asia as Venezuela Sanctions Risks Offset Ukraine Peace Hopes 
Russia Stocks End Flat as Energy and Retail Shares Show Mixed Performance 
Dollar Struggles as Markets Eye Key Central Bank Decisions and Global Rate Outlooks 
Australia’s Labour Market Weakens as November Employment Drops Sharply 
U.S. Stock Futures Mixed as Tech and AI Stocks Face Pressure Ahead of CPI Data 
U.S. tech and auto stocks rallied after President Donald Trump removed smartphones and other electronics from the China tariff list, easing investor concerns. Apple (NASDAQ:AAPL) jumped 2.2%, recovering from a 9% drop over two weeks, while General Motors (NYSE:GM) and Ford (NYSE:F) climbed 3.5% and 4.1%, respectively. The move signals a partial reversal in Trump’s trade policy, which had initially threatened to impose 25% tariffs on key imports, sparking a broader market selloff.
Despite the rebound, the S&P 500 remains down roughly 8% year-to-date, as trade policy uncertainty continues to shake investor confidence. Trump also hinted at possible exemptions on auto tariffs from Canada and Mexico, citing the need to give automakers time to adjust supply chains built under NAFTA.
The White House said it’s investigating whether imports of semiconductors and pharmaceuticals pose national security risks, potentially laying the groundwork for future tariffs. The exemptions now cover 20 product categories, including laptops, memory chips, and flat panel displays—reducing pressure on companies like HP (NYSE:HPQ), Dell (NYSE:DELL), and chip suppliers.
BlackRock (NYSE:BLK) estimates average import taxes have settled around 20% after the rollback, but cautions that prolonged uncertainty could stall business investment and heighten recession risks. LVMH reported weaker U.S. sales, citing manufacturing disruptions despite some production capacity in the U.S.
Nvidia (NASDAQ:NVDA) said it would increase U.S. investment in AI infrastructure, a move Trump praised as a result of tariff pressure. In Asia, key Apple suppliers like Foxconn and Quanta saw shares rise over 3% as fears of steep electronics tariffs subsided.
While some relief has arrived, analysts warn that trade policy volatility continues to cloud long-term corporate planning.
