Asian markets rise as traders look past Trump chip threat

Hong Kong (AFP) Aug 7, 2025

Asian equities rose Thursday as investors looked past Donald Trump's threat to impose 100 percent tariffs on semiconductors, with optimism still high that the Federal Reserve will slash interest rates next month. A day before sweeping tariffs came into effect on dozens of countries, the US president said Washington would also be placing a "100 percent" tariff on chips and semiconductors but