Asian Markets Plunge Further Amid Trump's Tariff Fallout
Asian stock markets face drastic declines as U.S. President Trump's tariffs spark fears of recession, with Japan's Nikkei dropping nearly 9% and trading temporarily halted.
Investors are bracing for continued market turmoil on Monday in response to Trump's "Liberation Day" tariffs announced last week.
Asian stock markets slide as Trump tariff selloff deepens
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Asian stock markets are plummeting as the shockwaves from US President Donald Trump's tariffs continue to reverberate around the world.
Trump tariffs: Why are Asian markets seeing a 'bloodbath'?
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Market observers expect investors will face more wild swings in the days and weeks to come, with a short-term resolution to the trade war appearing unlikely.
Asian markets plunge with Japan's Nikkei diving nearly 8% after big Wall St. meltdown
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The bank index has borne the brunt of the sell-off in Japanese equities, plunging as much as 30% over the past three sessions.
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The sweeping reciprocal tariffs he levied just last week are staying in effect, as the markets continue to plunge.
Trump signals sweeping tariffs here to stay as futures market plunges - Washington Examiner
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China’s retaliation last week against the latest round of US tariffs was more sweeping than its earlier reciprocal actions and marked a significant escalation in its response, which triggered widespread market turmoil.
Asian markets plunge as Trump’s global tariff turmoil deepens | Business
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Summary
Asian stock markets continued to plummet on Monday, with Japan's Nikkei 225 index down nearly 9%, triggering a pause in trading. Broader indices in South Korea and Australia also faced steep losses, as fears of a global recession mounted following President Trump's recent tariffs. Hong Kong's Hang Seng Index saw a significant drop of 9.56%, while the Shanghai Composite Index fell 4.82%. U.S. futures indicated further declines, signaling more turmoil ahead. Trump defended the tariffs, claiming they are necessary for economic strength, despite the dire market impacts. Investors brace for ongoing volatility as global trade tensions escalate.
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