Asian actions plunged again during the negotiation session on Wednesday after the entry into force of the last batch of sanctions by President Donald Trump, helping to wipe the limited gains on Tuesday and aggravate a turbulent week for key indices in the world.
Trump’s new measures have increased the cumulative rate of tariffs on Chinese products to 104% – a decision met more sentence to Beijing, where officials warned that China was ready to combat a prolonged trade war if it is forced to do so.
The latest prices have entered into force with key Asian markets already opened. In Japan, the Nikkei index fell by more than 5% in response, while the wider Topix index slipped by 4.6%.
In China, Hong Kong’s Hang Sen index slipped 4.3%. Shanghai’s composite index – which has fewer international investors and is supported by state investors known as “the national team” – has displayed gains of approximately 1%.
Shipping containers are seen at the Jersey Port Jersey container terminal, with the horizon of Manhattan in the distance, in Jersey City, New Jersey, on April 8, 2025.
Charly Triballeau / AFP via Getty Images
Taiwan shares fell by more than 5.7%, the STI index of Singapore slipped 2.4%, the Kospi index of South Korea lost approximately 1.9%, Australia S& P / ASX 200 lost 1% and the NIFTY 50 of India dropped by 0.6%.
US stock markets on the US stock markets have indicated continuous uncertainty, despite the White House agreements praising possible agreements with up to 70 nations seeking to avoid the impact of Trump’s pricing campaign.
Dow Jones Future fell 2.4% from Wednesday morning, with S& P 500 in the long term reduced by 2.7% and term on the NASDAQ down 2.6%.
American actions closed below Tuesday, marking a major reversal of a rally which sent the S& P 500 and Nasdaq more than 4% earlier during the day.
The industrial average of Dow Jones closed down 320 points, 0.8%, while the Nasdaq dropped by 2.1%.
THE& P 500 dropped by 1.5%, putting the index at the edge of a lower market, a term which indicates a decrease of 20% compared to a previous peak.
The moving below Tuesday has resumed a sale that dates back to Trump’s price announcement last week. Since then, S& P 500 and Nasdaq have more than 12%each.
A passerby is reflected on an electronic screen displaying a graph showing the average average movements of Japan Nikkei outside a brokerage house in Tokyo, Japan, April 9, 2025.
Issei Kato / Reuters
Max Zahn of ABC News contributed to this report.
