Asia markets fall after Trump announces new tariffs; approves TikTok deal

US President Donald Trump announced new tariffs on furniture, heavy trucks and pharmaceutical products.

As of October 1, “any branded or patented drug product” faces 100 % taskApart from companies that build drug production facilities in the USA, Trump is in a real social article early on Friday.

After the Topix Pharma Index announcement, it fell 1.39%. Daiichi Sanko And Chugai medicine It was among the companies that led to losses, decreased by 3.34% and 2.18%, respectively. Sumitomo Pharma 3.03 %fell.

In a separate truth social mail, Trump said that the imports of heavy trucks will be implemented. 25 % tax. In the meantime, kitchen cabinets, bathroom ladies and “related products” encounter 50% tariff, while 30% tariff for flooring furniture will be charged.

Trump in the USA executive order According to Vice President JD Vance, Tiktok approves a proposal that will keep it alive in the US, the process values ​​$ 14 billion.

In accordance with the conditions that China must approve, a new joint venture company Tiktok will control the US business and maintain a share of less than 20%.

Japan Nikkei 225 While 0.28% decreased, Topix increased by 0.39% to reach a new record level. Investors also evaluated September inflation data from Tokyo, the capital of Japan.

The nucleus inflation in the city was softer than 2.5% than expected compared to expectations of 2.8% of the economists who participated in the survey by Reuters. The title inflation remained constant by 2.5%. Tokyo’s inflation figures are considered as a leading indicator of country -wide tendencies.

South Korea Kospi 1.86%decreased and the leading losses in Asia withdrew 1.45%of the small cover.

Australia’s S&P/ASX 200 withdrawn 0.23%.

Hong Kong’S Hang Seng Index In 26,372, the term transactions were lower than HSI’s last 26,484,68 closing.

One night in the United States, the withdrawal at Tech at Wall Street continued for a third straight day due to increasing efficiency.

The 10 -year Treasury return reached 4.2% after the data on the first demands for unemployment insurance were lower than expected. The artificial intelligence game Oracle shifted 5%, Tesla was among the delays of the day and fell by 4%.

The S&P closed 0.50% at 6,604.72, such as the Nasdaq composite settled in 22.384.70. Dow Jones ended with industrial an average of 0.38%, 45.947.32.

Jonathan Varnian, Pia Singh and Sean Conlo from CNBC contributed to this report.