{"id":12890,"date":"2025-07-16T00:24:03","date_gmt":"2025-07-16T00:24:03","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/12890\/"},"modified":"2025-07-16T00:24:03","modified_gmt":"2025-07-16T00:24:03","slug":"asia-pacific-markets-fall-after-trumps-tariffs-on-indonesia-nbc4-washington","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/12890\/","title":{"rendered":"Asia-Pacific markets fall after Trump\u2019s tariffs on Indonesia \u2013 NBC4 Washington"},"content":{"rendered":"<p>This is CNBC&#8217;s live blog covering Asia-Pacific markets.<\/p>\n<p>Asia-Pacific markets fell after U.S. President Donald Trump said Tuesday that he had struck a preliminary trade agreement <a href=\"https:\/\/www.cnbc.com\/2025\/07\/15\/trump-indonesia-trade-tariffs.html?__source=OTS%7Cfinance%7Cinline%7Cstory%7C&amp;par=OTS&amp;doc=108172461\" rel=\"nofollow noopener\" target=\"_blank\">with Indonesia<\/a>, which will impose a 19% tariff on the country&#8217;s exports to the U.S.<\/p>\n<p>Indonesia&#8217;s central bank is set to release its policy decision later in the day.<\/p>\n<p>Asia markets kick starts Wednesday trading lower<\/p>\n<p>Asia markets started the trading day lower.<\/p>\n<p>Japan&#8217;s benchmark\u00a0<a href=\"https:\/\/www.cnbc.com\/quotes\/.N225\/\" rel=\"nofollow noopener\" target=\"_blank\">Nikkei 225<\/a> was flat at the open, while the Topix slipped 0.11% as of 8.04 a.m. local time (8.04 p.m. ET Tuesday).<\/p>\n<p>South Korea&#8217;s Kospi lost 0.5% and the small-cap Kosdaq was 0.56% lower.<\/p>\n<p>Australia&#8217;s\u00a0<a href=\"https:\/\/www.cnbc.com\/quotes\/.AXJO\/\" rel=\"nofollow noopener\" target=\"_blank\">S&amp;P\/ASX 200<\/a> declined 0.82%.<\/p>\n<p>\u2014 Lee Ying Shan<\/p>\n<p>Opening calls from Singapore<\/p>\n<p>Good morning from Singapore and happy mid-week. Asia markets are poised to open mixed. Japan&#8217;s benchmark\u00a0<a href=\"https:\/\/www.cnbc.com\/quotes\/.N225\/\" rel=\"nofollow noopener\" target=\"_blank\">Nikkei 225<\/a>\u00a0was set to open marginally lower, with the futures contract in Chicago at 39,660 while its counterpart in Osaka last traded at 39,600, against the index&#8217;s last close at 39,678.02.<\/p>\n<p>Australia&#8217;s\u00a0<a href=\"https:\/\/www.cnbc.com\/quotes\/.AXJO\/\" rel=\"nofollow noopener\" target=\"_blank\">S&amp;P\/ASX 200<\/a>\u00a0was also set to start the day lower with futures tied to the benchmark at 8,545, compared with its last close of 8,630.3.<\/p>\n<p>Futures for Hong Kong&#8217;s\u00a0<a href=\"https:\/\/www.cnbc.com\/quotes\/.HSI\/\" rel=\"nofollow noopener\" target=\"_blank\">Hang Seng index<\/a>, however,\u00a0stood at 24,622, pointing to a stronger open compared to the HSI&#8217;s last close of 24,590.12.<\/p>\n<p>Investors will be keeping an eye on Indonesian stocks after U.S. President\u00a0Donald Trump\u00a0on Tuesday said that he has reached a preliminary trade deal with Indonesia, which will impose a 19% tariff on the Southeast Asian country&#8217;s U.S. exports.<\/p>\n<p>\u2014 Lee Ying Shan<\/p>\n<p>Stock futures are little changed <\/p>\n<p>Stock futures were little changed on Tuesday evening, with investors awaiting fresh corporate earnings and inflation data. <\/p>\n<p>Futures tied to the Dow Jones Industrial Average pulled back 47 points, or 0.1%, while S&amp;P 500 futures dipped 0.1%. Nasdaq 100 futures slipped 0.1%. <\/p>\n<p>\u2014 Brian Evans<\/p>\n<p>Trump-backed digital asset bills fall short in Congress, crypto-linked stocks slide<\/p>\n<p>\t\t\t\t<img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/us\/wp-content\/uploads\/2025\/07\/108061627-1731430484934-gettyimages-2184362864-f0000061_qjdax1rd.jpeg\" loading=\"lazy\" alt=\"\"\/><\/p>\n<p>\t\t\tChesnot | Getty Images<\/p>\n<p>Several crypto-related legislative measures failed to beat <a href=\"https:\/\/www.cnbc.com\/2025\/07\/15\/trump-crypto-bills-fails-key-hurdle-congress.html?__source=OTS%7Cfinance%7Cinline%7Cstory%7C&amp;par=OTS&amp;doc=108172461\" rel=\"nofollow noopener\" target=\"_blank\">a key procedural hurdle<\/a> in the House of Representatives on Tuesday.<\/p>\n<p>The vote came in at 196 to 223, with 13 Republican lawmakers siding with Democrats to block the procedural motion.<\/p>\n<p>The vote comes after President Donald Trump encouraged Republican lawmakers to vote in favor of the measure. &#8220;The House will soon VOTE on a tremendous Bill to Make America the UNDISPUTED, NUMBER ONE LEADER in Digital Assets \u2013 Nobody does it better!&#8221; he wrote on Truth Social earlier Tuesday.<\/p>\n<p>Crypto-linked stocks traded lower, with Circle Internet Group dropping 4% and Coinbase Global losing 1%. Bitcoin also slipped below the $117,000 threshold, dropping more than 2% on the day.<\/p>\n<p>-Erin Doherty, Darla Mercado<\/p>\n<p>S&amp;P 500, Dow end Tuesday in the red<\/p>\n<p>The <a href=\"https:\/\/www.cnbc.com\/quotes\/.SPX&amp;__source=OTS%7Cfinance%7Cinline%7Cstory%7C&amp;par=OTS&amp;doc=108172461\" rel=\"nofollow noopener\" target=\"_blank\">S&amp;P 500<\/a> dropped 0.4% on Tuesday to close at 6,243.76. The\u00a0<a href=\"https:\/\/www.cnbc.com\/quotes\/.DJI\/\" rel=\"nofollow noopener\" target=\"_blank\">Dow Jones Industrial Average<\/a>\u00a0lost 436.36 points, or 0.98%, ending at 44,023.29.<\/p>\n<p>The tech-heavy <a href=\"https:\/\/www.cnbc.com\/quotes\/.IXIC\/\" rel=\"nofollow noopener\" target=\"_blank\">Nasdaq Composite<\/a> was the only bright spot in Tuesday&#8217;s market. The Nasdaq rose 0.18% to settle the session at 20,677.80.<\/p>\n<p>\u2014 Pia Singh<\/p>\n","protected":false},"excerpt":{"rendered":"This is CNBC&#8217;s live blog covering Asia-Pacific markets. Asia-Pacific markets fell after U.S. President Donald Trump said Tuesday&hellip;\n","protected":false},"author":2,"featured_media":12891,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[37],"tags":[28,112,3],"class_list":{"0":"post-12890","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-markets","8":"tag-business","9":"tag-markets","10":"tag-news"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/12890","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=12890"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/12890\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/12891"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=12890"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=12890"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=12890"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}