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Asian Markets in Freefall: Japan’s Nikkei, Australia’s ASX Hit 8-Month Lows as Trump Tariffs Spark $500B Selloff

Asian equities suffered their worst trading session in nine months Thursday as former President Donald Trump’s proposed 60% tariffs on Chinese goods triggered a region-wide panic. The selloff wiped out approximately $500 billion in market value across major Asian bourses. Market Performance: Japan: Nikkei 225 plunged 3.2% to 35,812 – lowest since June 2024 Australia: ASX 200 […]

China Prepares $300 Billion Stimulus Package to Counter US Tariffs, Boost Domestic Demand

Beijing is finalizing an unprecedented 2.1 trillion yuan ($300 billion) economic stimulus package in response to escalating U.S. tariffs, according to senior policy advisors at China’s State Council. The comprehensive plan targets seven strategic sectors: Consumer Electronics: 45 billion yuan in subsidies for domestic smartphone/PC purchases New Energy Vehicles: Extended tax breaks through 2027 Semiconductors: 60 billion yuan […]

European Markets Tumble as Trump Tariffs Spark Global Trade War Fears

European stocks suffered their worst day in three months as markets opened sharply lower following former President Donald Trump’s announcement of sweeping new tariffs on European auto imports. The Stoxx 600 index plunged 2.1% in early trading, with German automakers bearing the brunt of the selloff. Key Impacts: Volkswagen shares dropped 5.8%, BMW fell 4.9% […]

Trump Announces Sweeping 25% Tariffs on Chinese Imports, Rattling Global Markets

In a move that has sent shockwaves through global markets, President Donald Trump unveiled a new round of tariffs targeting $300 billion worth of Chinese imports, including electronics, machinery, and consumer goods. The 25% levy, set to take effect in June 2025, marks a significant escalation in U.S.-China trade tensions and has already triggered a […]

Asian Auto Stocks Extend Losses as Trump’s Import Tax Plan Sparks Selloff

Asian automakers faced another day of declining share prices as markets reacted to former U.S. President Donald Trump’s push for hefty new import taxes on foreign-made cars. Industry giants such as Toyota, Honda, and Hyundai recorded further drops, with analysts warning that the policy could squeeze profit margins and disrupt international trade flows. Trump, who […]

Asian Economies Seek to Appease Trump Amid Escalating Tariff Threats

Asian economies are scrambling to address escalating tariff threats from US President Donald Trump, who has vowed to impose new trade barriers if re-elected. Trump’s recent comments have sparked concerns across the region, with leaders in China, Japan, and South Korea exploring diplomatic and economic measures to mitigate potential impacts. Trump’s proposed tariffs, which could […]

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