PSEi drops further on fresh Trump tariff threats

PHILIPPINE SHARES retreated for the third straight day on Monday following new tariff threats from US President Donald J. Trump. The Philippine Stock Exchange index (PSEi) sank by 1.91% or 117.87 points to close at 6,037.12, while the broader all shares index dropped by 1.26% or 46.37 points to 3,617.27. “The local market closed lower