Japan’s Nickname has dropped nearly 9% in Trump’s tariff war

U.S. President Donald Trump’s tariff hike and Beijing’s strong response to them, including Japan’s Nikkei 225 in Nikkei 225 in Japan, including Japan’s Nikkei 225 in Japan, including Japan’s Nikkei 225 in Japan and Beijing’s major stock indexes on their main stock index. Nikkei fell as much as 8.8%, reaching 30,792.74 for the first time in a year and a half. The broader Topix or Tokyo Stock Price Index, sinking 8% to 2,284.69.

Nikkei and Topix suspend trading for 10 minutes

At 8:45 am Tokyo, the circuit breaker system paused Nikkei, Topix and many other futures contracts for 10 minutes. However, this does not affect the direct trading of stocks on the Tokyo Stock Exchange.

The Taiwan Stock Exchange also triggered the circuit breaker as stocks fell nearly 9.8% in public. In Korea, in Korea, a trade roadside is activated Kopsi At 9:12 yes this morning. It lasted for five minutes. In Hong Kong, INDEX fell 13% to 19,868 at 2:25 pm on Monday. This marks the biggest drop in the session in more than a decade.

“The uncertainty about how these tariffs will play out is what really drives the share price down,” said Rintaro Nishimura, partner at Asia Group.

Trump’s liberation day tariffs, according to Deutsche Bank represent The biggest shock to the global trade system since the collapse of Bretton Woods in 1971 will represent the largest increase in taxes for American consumers since the Vietnam War of 1968 (the Income and Expenditure Control Act of 1968). ”

It added: “But it’s hard to say we haven’t warned. Trump’s perception of his tariffs (if not decades), and his actions and words foreshadowed the– and After Congress Like those in his government, they are very clear. ”

Trump won’t impose tariffs

The US president remains provocative. When he met reporters’ market on Air Force One Sunday night answer:”I don’t want anything to fall down, but sometimes you have to take medication to fix something. ”

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