Asian markets suffered significant declines following the announcement of a staggering 145% tariff on Chinese exports to the US. With Japan’s Nikkei 225 and other major indexes reacting, the implications for global trade are profound.
In a bold move, China has imposed a staggering 125% tariffs on U.S. goods, signaling a possible end to further retaliatory measures. As markets react, tensions rise over the ongoing trade war.
The US and Vietnam are set to begin trade negotiations aimed at reducing non-tariff barriers. This comes after Trump pauses a significant 46% tariff, raising questions about the future of trade relations and economic strategies.
After a tumultuous trading session, Asia's financial markets are showing signs of optimism, with Japan's Nikkei leading the gains. Analysts attribute this rebound to a natural market bounce and developments in US-China trade relations.
Asian equities fell sharply as fears of a global trade war escalate, triggered by President Trump's new tariffs. Technology shares, particularly Nvidia, suffered a major sell-off, impacting market sentiment.
