Asian Markets Plunge Amid Trump’s Tariff War Escalation

Following the downward trend of European and American indices, Asian markets took a significant hit today (4.4.25) due to the onset of the tariff war initiated by the U.S. Specifically, the Asia Dow index fell by 3.55%, while Japan’s Nikkei 225 plummeted by 3.74%, marking its largest decline in Asia as a result of Trump’s tariffs against Japan. Meanwhile, Hong Kong’s Hang Seng dropped by 1.52%. Other notable declines include Shanghai’s index falling by 0.24%, Sensex by 0.78%, and Singapore’s index by 2.90%. Yesterday (3.4.25), New York witnessed a sharp drop with the Dow Jones closing down by 3.98%, S&P at -4.84%, and Nasdaq at -5.97%. European markets also suffered, with FTSE 100 (London) closing at -1.55%, DAX at -3.01%, CAC 40 at -3.31%, FTSE MIB (Milan) at -3.60%, IBEX (Madrid) at -1.19%, and Stoxx 600 (European index) at -2.57%. The Athens Stock Exchange index closed at -1.77%.