TOKYO -- Asian currencies weakened against the dollar on Tuesday after U.S. President Donald Trump sent letters to the nation's top allies notifying them of their new tariff rates.
Currencies
Asian currencies weaken, stocks muted on Trump's new tariffs
Japan and South Korea face 25% levies, sending 'chilling message to others'
A new tariff rate of 25% on Japan is 1 percentage point higher than what U.S. President Donald Trump had suggested on April 2. © Reuters
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