DNYUZ
  • Home
  • News
    • U.S.
    • World
    • Politics
    • Opinion
    • Business
    • Crime
    • Education
    • Environment
    • Science
  • Entertainment
    • Culture
    • Music
    • Movie
    • Television
    • Theater
    • Gaming
    • Sports
  • Tech
    • Apps
    • Autos
    • Gear
    • Mobile
    • Startup
  • Lifestyle
    • Arts
    • Fashion
    • Food
    • Health
    • Travel
No Result
View All Result
DNYUZ
No Result
View All Result
Home News Business

Asian stock markets slide as Trump tariff selloff deepens

April 7, 2025
in Business, News
Asian stock markets slide as Trump tariff selloff deepens
498
SHARES
1.4k
VIEWS
Share on FacebookShare on Twitter

Key Asian stock markets tumbled upon opening on Monday as the world’s reaction to President Donald Trump’s tariffs campaign continued — and as U.S. futures signaled more turmoil for American markets.

Tokyo’s Nikkei 225 index lost nearly 9% shortly after the market opened, the steep decline triggering a circuit breaker that temporarily halted trading. Japan’s broader TOPIX index sank 8%.

South Korea’s KOSPI index fell more than 5% in Monday trading, with Australia’s S&P/ASX 200 sliding more than 6% before recovering slightly.

Hong Kong’s Hang Seng Index opened down 9.56%, with Chinese tech stocks like Alibaba and Baidu falling almost 12%. On the mainland — where there are fewer international investors — the Shanghai Composite Index dropped 4.82%

India’s stock markets also struggled. The BSE’s Sensex dropped 5.19% while the broader Nifty tumbled 5%.

U.S. futures signaled further weakness. Futures for the S&P 500 lost 4.2% while those for the Dow Jones Industrial Average shed 3.5%. Nasdaq futures lost 5.3%.

Investors are bracing for continued market turmoil on Monday in response to Trump’s “Liberation Day” tariffs announced last week.

Speaking with reporters on Air Force One on Sunday, Trump addressed the recent market turbulence and subsequent fears of an imminent recession.

“Now what’s going to happen with the market? I can’t tell you, but I can tell you, our country has gotten a lot stronger, and eventually it’ll be a country like no other, it’ll be the most dominant country economically in the world,” Trump said.

“I don’t want anything to go down, but sometimes you have to take medicine to fix something and we have such a horrible — we have been treated so badly by other countries because we had stupid leadership that allowed this to happen,” the president added.

ABC News’ Ellie Kaufman, Karson Yiu, Zunaira Zaki and Hannah Demissie contributed to this report.

The post Asian stock markets slide as Trump tariff selloff deepens appeared first on ABC News.

Share199Tweet125Share
Tears As Autistic Boy, 6, Reunites With Family Dog Trained To Support Him
News

Tears As Autistic Boy, 6, Reunites With Family Dog Trained To Support Him

by Newsweek
August 9, 2025

A mom from Alabama captured the precious moment her son was finally reunited with his dog, following four months of ...

Read more
News

Jaxson Dart Gets Honest About Mindset Before NY Giants Debut

August 9, 2025
News

‘Arab Forces’ Running Gaza? Netanyahu’s Goal Leaves Many Questions.

August 9, 2025
News

Zelensky Rejects Ceding Land to Russia After Trump Suggests a Land Swap

August 9, 2025
News

Zelensky Rejects Trump’s Suggestion That Ukraine Should Give Up Territory to Russia in Peace Talks

August 9, 2025
Moscow warns of ‘provocations’ ahead of Putin-Trump meeting

Moscow warns of ‘provocations’ ahead of Putin-Trump meeting

August 9, 2025
Watching plastic surgery reels has me debating it for myself. I’ve started hyper-fixating on the changes in my own face.

Watching plastic surgery reels has me debating it for myself. I’ve started hyper-fixating on the changes in my own face.

August 9, 2025
Bathtub-Obsessed Dog Who Can’t Stop Splashing Wins Pet of the Week

Bathtub-Obsessed Dog Who Can’t Stop Splashing Wins Pet of the Week

August 9, 2025

Copyright © 2025.

No Result
View All Result
  • Home
  • News
    • U.S.
    • World
    • Politics
    • Opinion
    • Business
    • Crime
    • Education
    • Environment
    • Science
  • Entertainment
    • Culture
    • Gaming
    • Music
    • Movie
    • Sports
    • Television
    • Theater
  • Tech
    • Apps
    • Autos
    • Gear
    • Mobile
    • Startup
  • Lifestyle
    • Arts
    • Fashion
    • Food
    • Health
    • Travel

Copyright © 2025.