Strategists See Weaker Asian Currencies on Latest Tariff Demands

Investors will be closely monitoring Asian markets on Tuesday after US President Donald Trump unveiled a wave of promised letters that threaten to impose higher tariffs rates on key trading partners. The levies included tariffs of 25% on goods from Japan and South Korea beginning Aug. 1.

Trump also announced 25% rates on Malaysia, while Laos and Myanmar would face a 40% levy. Other nations hit with levies included Indonesia with a 32% rate, Bangladesh with 35%, and Thailand and Cambodia with duties of 36%.

Here’s what market watchers are saying:

Nick Twidale , chief market analyst at AT Global Markets in Sydney:

Aroop Chatterjee , a strategist at Wells Fargo in New York:

Sean Callow , a senior analyst at InTouch Capital Markets in Sydney:

Phillip Wool , head of portfolio management at Rayliant Global Advisors Ltd.

Felix Ryan , a foreign exchange analyst at ANZ in Sydney:

James Halse , CEO & CIO at Senjin Capital Pty Ltd:

Takeru Yamamoto , a trader at Sumitomo Mitsui Trust Bank in New York:

Min Gyeong-won , an economist at Woori Bank in Seoul

( )