#TrumpTariffs
Economic war.
Trump's tariffs
📉 Today is Black Monday, Asian markets are crashing, other events are to come
Fears of a global trade war are causing stocks to plummet across Asia.
Here’s how the major markets opened today:
🇯🇵 Japan (Nikkei 225): -9% plunge at the start of trading, then a slight recovery to -6.5%.
🇨🇳 China (Shanghai Composite): -6.7%
🇭🇰 Hong Kong (Hang Seng): -10% - worst day since February
🇰🇷 South Korea (Kospi): -5%, circuit breaker triggered
🇹🇼 Taiwan (Taiex): -10%, trading suspended
🇸🇬 Singapore (Straits Times): -8.5%
🇦🇺 Australia (ASX 200): -6% at open, closing at -3.5%.
🇵🇭 Philippines (PSEi): -4%.
🇪🇺 European stock markets open free-falling: -6.46%,
Frankfurt -9.15%,
London -2.99% (AFP)
🇹🇼 TsMC, the Taiwanese semiconductor giant, plunges by 10%.
🇦🇪 The Dubai stock exchange drops by 4.45%
🇹🇼 The Taiwan stock exchange closes down by 9.7%, a historic record this Black Monday.
And what do you think of the new TRUMP policy? Leave your comments
NB: trader here $BTC