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‘Black Monday’ stock market crash: Japan's Nikkei 225, China, Singapore markets plummet

  • The global stock market faced significant declines on April 7, 2025, due to tariff hikes announced by the U.S. Administration on April 2, which caused a widespread sell-off in Asian markets.
  • Japan's Nikkei index dropped to a 52-week low, losing 8.84% during early trading, while Taiwan's stocks fell nearly 10%.
  • In India, the BSE Sensex sank by 5.19%, and Tata Group companies experienced major declines.
  • President Donald Trump stated he has received calls from global leaders regarding tariffs, describing the new tariffs as a way to address U.S. Interests.
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Svenska Dagbladet broke the news in Stockholm, Sweden on Monday, April 7, 2025.
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