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Fears of renewed US-China trade tensions send Asian stocks tumbling

The $2 trillion market loss followed President Trump's tariff announcement and export controls, triggering steep declines in major US and Asian indexes, analysts said.

  • Asian stocks declined sharply after US President Donald Trump threatened to increase tariffs on China, leading to a decline of 451.66 points in the Sensex and 108.05 points in the Nifty on October 13, 2025.
  • The BSE Midcap and BSE Smallcap indices also decreased, with drops of 170.75 points and 197.50 points, respectively.
  • While US stock markets experienced significant downturns, with the Nasdaq dropping 3.56%, investor sentiment remained cautious due to trade war fears, according to Ponmudi R, CEO of Enrich Money.
  • Despite the downturn, Foreign Institutional Investors bought equities worth Rs 459.20 crore on Friday, indicating ongoing investment interest despite the volatility.
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New tariffs, falling prices – and then recovery? The trade dispute between the US and China makes the markets a real roller coaster ride on the weekend and recalls the stock market crash in April.

Associated Press NewsAssociated Press News
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Asian shares skid after Wall Street tumbles to its worst day since April as China trade woes worsen

Asian shares have tumbled after escalating trade tensions with China shattered a monthslong calm on Wall Street. Markets in Tokyo were closed for a holiday.

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Ynet News broke the news in Tel Aviv-Yafo, Israel on Sunday, October 12, 2025.
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