US EditionWorld shares deepen losses, with Tokyo’s Nikkei down nearly 4%, as latest US tariffs take effect
- World shares fell sharply after U.S. President Donald Trump's tariff increases took effect, with Japan's Nikkei down 3.9% and European markets also suffering losses.
- China's markets gained despite a 104% tariff on imports from the U.S., as state investment funds boosted stock prices.
- Analysts predict market fluctuations due to uncertainty around the duration of Trump's tariffs, which could raise prices for U.S. Consumers and potentially slow the economy.
- Japan's Prime Minister Shigeru Ishiba convened financial ministers to address the negative impact of tariffs on Japanese industries.
49 Articles
49 Articles
Nikkei stock index ends down 4% after more U.S. tariffs enforced
The Nikkei stock index ends down nearly 4 percent, retreating from the previous day's sharp rebound, as selling accelerated on fears of an economic slowdown following the United States imposition of additional country-specific tariffs, including on Japan.
Stocks tumble again as US hits China with 104% tariffs
European and Asian stocks extended a slide on Wall Street this morning as President Donald Trump pressed ahead with whopping 104% tariffs on Chinese goods, pummelling oil prices to four-year lows as global recession fears gripped financial markets.
Stocks slide in Asia as recession fears pummel sentiment, oil hits 4-yr lows
Stocks in Asia extended a slide on Wall Street on Wednesday as President Donald Trump looked set to press ahead with whopping 104% tariffs on Chinese goods, pummelling oil prices to four-year lows as global recession fears gripped financial markets.
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