{
Rintaro Nishimura

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asian markets plunge as trade war fears escalate and tariffs rise

Asian markets experienced a significant downturn, with Japan's Nikkei 225 index plunging nearly 8% following a major sell-off on Wall Street driven by U.S. tariff hikes and retaliatory measures from China. The S&P 500 and Dow Jones saw declines of 6% and 5.5%, respectively, as uncertainty over the trade war escalated. Analysts warn of ongoing volatility and potential global recession risks as both nations impose heavy tariffs, impacting economies reliant on exports.
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Euro Japanese Yen Chinese Yuan United States Dollar Mizuho Financial Group, Inc. Mitsubishi UFJ Financial Group, Inc. Tencent Holdings Ltd HKG JPN TWN CHN AUS USA KOR Gary Ng Rintaro Nishimura Nathan Thooft Donald Trump Jerome Powell Peter Navarro Show more
Finance & Economy, Market Report
09:33 07.04.2025
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