April 7, 2025 - 11:58
Japan's share benchmark experienced a dramatic plunge on Monday, following a significant downturn on Wall Street last Friday, attributed to U.S. President Donald Trump's recent tariff increases. The Nikkei 225 index, a key indicator of Japan's stock market performance, fell nearly 8% shortly after the market opened, reflecting widespread investor concern over the potential impact of escalating trade tensions.
In addition to the Nikkei 225, other Asian markets also faced substantial losses. Australia's S&P/ASX 200 index dropped more than 6%, while South Korea's Kospi index fell by 4.4%. The sharp declines across these markets signal heightened anxiety among investors regarding the implications of U.S. trade policies and their effect on global economic stability.
Market analysts suggest that the volatility may continue as investors react to ongoing developments in international trade relations. The situation underscores the interconnectedness of global markets and the ripple effects that policy decisions in one country can have on others.
