Stock markets tumble in Asia as Donald Trump’s tariffs loom

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Fear of fear of the fear of a trade war caused by the expected discovery of Donald Trump on Monday was caused.

Japanese, South Korean and Hong Kong Shares: They dropped sharply with the last week that started last week, when Trump said the US reciprocal tariffs he expected on April 2 will apply all over the world.

“You will start with all countries,” Trump said about the air force. “We’ll see what happens.” The President noted that “Every Younger of Asia” was involved in the practice of trade with the United States.

Japan’s benchmark decreased by 3.3 percent, and exporter-oriented Nikkei 225 slipped 3.9 percent. Taiex poured 3.3 percent in Taiwan, and South Korea’s Kospi fell by 2.6 percent. Hong Kong Hanging Seng retreated by 0.8 percent.

The quartet from the region was one of the largest losers, which, the Taiwanese semiconductor manufacturing company and Samsung Electronics both fall more than 2.9 percent. Japan’s disco, producer of chip production tools, has decreased more than 7 percent.

In Hong Kong, Tencent and Alibaba fell 1.5 percent and 2 percent.

Gold has hit $ 3,098 a record ounce, while the US treasury proficiency refused to sign that investors protected safe assets.

“Many investors are [waiting] Not about real tariffs, non-performing their positions and realize profits, “the head of the multifunctional strategy for China in the management of BNP Paribas.” A number of a number have affected the entire mood of the market. “

Trump has released April 2 as “Liberation Day” for US Economy, but also his plans for so-called mutual Tariffs: On the countries where judges have unfair trade relations with the United States have warned investors.

In the foreign markets, yen strengthened 0.4% against the dollar to 149.30, and the winner of South Korea was smooth. The dollar was 0.2% against the basket of currencies in the main commercial partners.

The shifts in Asia have come after falling in the United States on Friday, where the S & P 500 decreased by 2%. Technically focused NASDAQ Composite slipped 2.7 percent as Gloomy data on the economy And consumer mood caused fears about StagFlation.

Future markets have shown with such falls in the United States, whose contracts, the NASDAQ 100, is 0.7 percent from the descent of the S & P 500. In Europe, Stoxx 600 futures decreased by 0.6 percent.