Reported 9 days ago
Asian shares fell sharply on Wednesday, reacting to the implementation of new U.S. tariffs, including a staggering 104% tax on Chinese imports. Following a significant drop on Wall Street, Japan's Nikkei 225 plunged nearly 4%, with losses also observed in South Korea, New Zealand, and Australia. The uncertainty surrounding President Trump's trade policies has led to increased volatility in the markets, as analysts warn that prolonged high tariffs could trigger a recession.
Source: YAHOO