Asian currencies, stocks whipsaw on Trump's tariff threat

'Uncertainties' are set to continue, says market strategist

20250121 yen-dollar

The Japanese yen weakened past 156 to the dollar at one point on Jan. 21 as U.S. President Donald Trump hinted that 25% tariffs on imports from Mexico and Canada could start in February. (Photo by Nanami Sato)

LISA KIM, WATARU SUZUKI, ECHO WONG and TSUBASA SURUGA

TOKYO/SHANGHAI/HONG KONG/SINGAPORE -- Asian currencies and stocks whipsawed Tuesday after U.S. President Donald Trump said he could impose tariffs on certain imports.

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