{"id":121190,"date":"2025-10-14T10:20:11","date_gmt":"2025-10-14T10:20:11","guid":{"rendered":"https:\/\/www.europesays.com\/ie\/121190\/"},"modified":"2025-10-14T10:20:11","modified_gmt":"2025-10-14T10:20:11","slug":"world-shares-us-futures-slip-on-renewed-china-us-trade-jitters","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/ie\/121190\/","title":{"rendered":"World shares, US futures slip on renewed China-US trade jitters"},"content":{"rendered":"

TOKYO (AP) \u2014 Shares fell Tuesday in European and most Asian markets as new Chinese sanctions against the U.S. subsidiaries of a major South Korean shipbuilder<\/a> shook a fragile sense of calm over trade tensions with Washington. <\/p>\n

France\u2019s CAC 40 declined 0.8% in early trading to 7,873.25, while the German DAX lost nearly 0.9% to 24,181.83. Britain\u2019s FTSE 100 shed 0.2% to 9,426.92. <\/p>\n

The future for the S&P 500 lost 0.8% while that for the Dow Jones Industrial Average was down 0.5%. On Monday, the S&P 500 jumped 1.6% to recover more than half its drop from Friday. The Dow Jones Industrial Average surged 1.3% and the Nasdaq composite gained 2.2%.<\/p>\n

Investors will be watching for comments by U.S. Federal Reserve chair Jerome Powell to a meeting later Tuesday of the National Association for Business Economics. <\/p>\n

During Tuesday trading, Japan\u2019s benchmark Nikkei 225 dropped 2.6% to finish at 46,847.32. The slide reversed a rally last week in Tokyo after conservative lawmaker Sanae Takaichi was chosen to lead the country\u2019s ruling Liberal Democratic Party. <\/p>\n

The subsequent collapse of the LDP\u2019s 26-year-old coalition with the Buddhist-backed Komeito has cast doubt over whether Takaichi will become Japan\u2019s first female prime minister and added to political uncertainty. <\/p>\n

The renewed sense of unease over the state of China-U.S. trade tensions pulled benchmarks in Hong Kong and Shanghai lower. <\/p>\n

Hong Kong\u2019s Hang Seng lost 1.7% to 25,441.35, while the Shanghai Composite shed 0.6% to 3,865.23. <\/p>\n

Markets had calmed Monday after President Donald Trump wrote on his Truth Social media platform Sunday, \u201cDon\u2019t worry about China.<\/a> ” On Friday, Trump helped spur a sell-off after he threatened to hike tariffs on China by 100% in reaction to Beijing\u2019s latest controls on exports of rare earths. <\/p>\n

On Tuesday, China\u2019s Commerce Ministry said it was banning dealings by Chinese companies with five subsidiaries of South Korean shipbuilder Hanwha Ocean, swiping at Trump\u2019s efforts to rebuild the industry in America.<\/p>\n

South Korea and the U.S. have been building closer ties in shipbuilding in response to China\u2019s dominance as the world\u2019s largest shipbuilder. Hanwha acquired the Philly Shipyard in Pennsylvania<\/a> last year and has contracts with the U.S. Navy to perform maintenance, repair and overhaul work for U.S. naval vessels.<\/p>\n

Hanwha Ocean\u2019s shares fell 5.8% in Seoul on Tuesday and the benchmark Kospi lost 0.6% to 3,561.81. <\/p>\n

Australia\u2019s S&P\/ASX 200 rose nearly 0.2% to 8,899.40. <\/p>\n

In energy trading, benchmark U.S. crude lost $1.21 to $58.28 a barrel. Brent crude, the international standard, fell $1.27 to $62.05 a barrel. <\/p>\n

In currency trading, the U.S. dollar fell to 152.03 Japanese yen from 152.29 yen. The euro cost $1.1557, down from $1.1569. <\/p>\n

___<\/p>\n

Yuri Kageyama is on Threads: https:\/\/www.threads.com\/@yurikageyama<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"TOKYO (AP) \u2014 Shares fell Tuesday in European and most Asian markets as new Chinese sanctions against the…\n","protected":false},"author":2,"featured_media":121191,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[175],"tags":[10852,1793,79,381,12432,356,18,10847,3334,19,17,5129,188,8639,35841,6043,66,66677],"class_list":{"0":"post-121190","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-markets","8":"tag-asia-pacific","9":"tag-beijing","10":"tag-business","11":"tag-china","12":"tag-district-of-columbia","13":"tag-donald-trump","14":"tag-eire","15":"tag-financial-markets","16":"tag-general-news","17":"tag-ie","18":"tag-ireland","19":"tag-jerome-powell","20":"tag-markets","21":"tag-tokyo","22":"tag-trump-media-technology-group","23":"tag-washington-news","24":"tag-world-news","25":"tag-yuri-kageyama"},"share_on_mastodon":{"url":"","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/121190","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/comments?post=121190"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/121190\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media\/121191"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media?parent=121190"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/categories?post=121190"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/tags?post=121190"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}