As a region that manufactures so many of the goods sold globally, Asian countries and territories are being hit directly by the tariffs.

They are also particularly sensitive to the impact of fears that a global trade war could trigger a slowdown or even a recession in the world’s biggest economy.

Japan’s Nikkei 225 benchmark index closed down by 7.8% and ASX 200 in Australia lost 4.2%.

In afternoon trading, the Kospi in South Korea was 4.7% lower.

    • misteryscience@lemm.ee
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      4 days ago

      God damn, I was getting serious anxiety over this shit. Wondering when someone would get that Ron Vara guy out of his head.