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Asia-Pacific markets fall after Trump modifies tariff rates
Friday, 1 August 2025 07:28 WIB | MARKET UPDATE |Asia

Asia-Pacific markets fell Friday after U.S. President Donald Trump modified "reciprocal" tariff rates on several countries, with updated duties ranging from 10% to 41%.

Asia-Pacific markets started the day lower Friday.

Japan's Nikkei 225 benchmark fell 0.65%, while the broader Topix index was flat as of 8:15 a.m. Singapore time (8:15 p.m. ET Thursday).

In South Korea, the Kospi index dropped 1.73%, while the small-cap Kosdaq declined by 2.1%.

Over in Australia, the S&P/ASX 200 benchmark fell 0.94%.

Source: CNBC

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