Nikkei, Topix Plunge 6%, Futures Trading Halted: Trump’s Tariffs Fuel Global Market Fears
Asia-Pacific markets experienced a significant sell-off on Monday, driven by anxieties surrounding a potential global trade war ignited by President Trump’s tariffs. Hong Kong’s Hang Seng Index suffered the most dramatic losses, plunging 9.56%, while Japan’s Nikkei 225 fell 6.38% to its lowest point in 18 months. Other major markets across the region, including mainland China, South Korea, and Australia, also experienced substantial declines, indicating widespread market concern. The widespread sell-off underscores the escalating impact of trade tensions on global markets.
John Q. Hosedrinker