Asian shares dropped after President Donald Trump ratcheted up trade tensions saying he won’t delay the July 9 deadline for imposing higher levies on trading partners.
A regional stocks gauge retreated 0.4%. Japanese equities declined 1% after Trump threatened to hike tariffs on the country and deepened his criticism of Japan for not accepting US rice exports. A gauge of the dollar steadied after touching its lowest since 2022 in the prior session. Gold edged down 0.3% Wednesday after two consecutive days of gains.
:max_bytes(150000):strip_icc()/GettyImages-2222437639-35e08d4dac2e4778addd4f3d7975eba7.jpg?w=768&resize=768,0&ssl=1 "Centene Pulls Guidance, Health Insurance Stocks Fall")