Another dark day for the stock market due to Trump's tariffs: historic falls in Asia

Panic in the markets continues, and the week is shaping up to be very complicated for stock markets around the world after US President Donald Trump declared his tariff war last week. Asian stock markets have started the session with historic losses, in many cases, due to fears of a new global recession. In Japan, the Nikkei fell more than 6%, while in mainland China, Shanghai and Shenzhen awoke with drops of 6% and 8%.

Hong Kong has accumulated even steeper losses, and the Hang Seng index fell 10.7% at the mid-session break. Meanwhile, the Taiwanese Taiex index fell 9.



7% in the first hours of trading. In Southeast Asia, Singapore led the losses recorded in the first hours of trading on Monday, with the STI index down more than 7%. In Malaysia, the Kuala Lumpur stock market fell 5.

58% and in the Philippines, the Manila Stock Exchange fell 3.94%, while markets in Jakarta, Bangkok and Ho Chi Minh City are closed due to a holiday in their respective countries. In South Korea, the Kospi has woken up with a 4.

92% drop and, in Australia and New Zealand, the ASX200 and NZX indices have entered the break with losses of more than 3%..