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 […]