Asian Stock Markets Tumble Following US Tariff Announcements and Global Trade Tensions
Asian stock markets experienced a widespread decline on Tuesday, mirroring the significant drop in US markets on Monday. The global stock market downturn was largely triggered by former President Donald Trump’s announcement of a 25% tariff on imports from Canada, Mexico, and China, effective March 4, 2025. China swiftly responded with countermeasures, escalating trade tensions…