Asian markets slip following Trump’s announcements of big tariff hikes
The Hindu
Global markets tumble as Trump announces increased tariffs, impacting Asian markets and U.S. futures, causing uncertainty and volatility.
Asian markets and U.S. futures tumbled Thursday (April 3, 2025) following U.S. President Donald Trump's announcement of big increases in tariffs on imports of goods from around the world.
Tokyo's Nikkei 225 index dipped more than 3.4%, but recovered slightly. It was down 2.9% at 34,699.52.
Mr. Trump said he was imposing a 24% “reciprocal tariff” on Japan, one of the United States' closest allies.
Donald Trump’s ‘Liberation Day’ tariffs: Follow LIVE updates here
South Korea, also an ally, was hit with a 25% tariff. Its benchmark Kospi slumped 1.9% soon after the opening, to 2,459.30.
In Australia, the S&P/ASX 200 fell 1.8% to 7,793.10.
The future for the S&P 500 dropped 3% while that for the Dow Jones Industrial Average lost 2%, auguring potential losses when U.S. markets reopen on Thursday (April 3, 2025).
Run 3 Space | Play Space Running Game
Traffic Jam 3D | Online Racing Game
Duck Hunt | Play Old Classic Game
Sensex and Nifty 50 tumble in line with global peers due to fears of trade war, historical market crashes.
Indian auto retail sales in FY25 grew, with rural areas outperforming urban regions across passenger vehicles and two-wheelers.
LPG price raised by Rs 50 per cylinder for both Ujwalla and general category customers in New Delhi.
Mahindra & Mahindra inaugurates MIDS in Mumbai to enhance design capabilities, bridging India and UK for global innovation.
Nikkei plunges to lowest level in 1.5 years as tariff fears spark global recession concerns, bank stocks hit hard.
Congress criticizes Modi and Trump for stock market crash, calling them experts in self-inflicted economic wounds.
Rupee weakens against dollar amid global trade war concerns, RBI interest rate deliberations, and declining crude prices.
Black Monday stock market crash LIVE updates: Follow the latest updates on the stock market crash on The Hindu’s live blog.
Indian shares plummet as global trade war fears trigger stock market rout, with Nifty 50 and Sensex falling sharply.
Optimize investment decisions by focusing on current information, not past outcomes, to achieve future financial goals effectively.
RBI likely to cut interest rates by 25 bps amid global challenges, aiming to boost growth and consumption.
Foreign investors withdraw ₹10,355 crore due to U.S. tariffs, impacting Indian markets; potential rate cut and trade war concerns loom.
Tata Capital files for $2 billion IPO, expected to be valued at $11 billion, following RBI listing requirements.