US EditionWorld shares deepen losses, with Tokyo’s Nikkei down nearly 4%, as latest US tariffs take effect
- Japan's Nikkei share average fell 3.9% to close at 31,714.03 amid concerns over an economic slowdown and ongoing trade tensions between the United States and China.
- Investors expressed uncertainty about further declines as 89% of stocks on the Tokyo Stock Exchange's prime market dropped, influenced by U.S. President Donald Trump's new tariffs.
- President Trump announced reciprocal tariffs on Chinese goods, including a significant 104% levy, escalating the global trade conflict even as he aims for negotiations with affected nations.
- European markets experienced declines, with Germany's DAX down 2.5% and Britain's FTSE 100 declining 2.6%, amid fears over the economic impact of the tariffs.
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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