Asian stock markets are decreased as US President Donald Trump’s waves continue all over the world.
The main indexes fell from Shanghai to Tokyo and Sidni to Hong Kong when they opened on Monday. “It is a bloodbath,” one analyst told the BBC.
As a region that makes a lot of goods sold worldwide, Asian countries and regions are struck directly by definitions.
It is also especially sensitive to the influence of fears that the World Trade War can lead to slowdown or even stagnation in the world’s largest economy.
In the afternoon, the Japanese Nikke 225 index fell by 7.6 % and KOSPI decreased in South Korea by 4.7 %.
ASX 200 closed in Australia by 4.2 %.
The decline in China in China, Hong Kong and Taiwan worsened, where investors fell with the large waterfalls that were seen in other markets on Friday, where they were closed to public holidays.
The Shanghai compound decreased by more than 8.3 %, and Hang Singh decreased by 12.2 % and the Taiwan index was 9.7 % lower.
“The definitions are feed on expectations about inflation and stagnation,” said Julia Lee, head of the FTse Russell client, a subsidiary of the Stock Exchange group in London.
Goldman Sachs now expects that there is a 45 % chance for the United States in the recession in the next 12 months – with a previous 35 % estimate – as the investment bank giant reduced the country’s economic growth expectations.
Other Wall Street companies also reviewed the recession in the wake of the Trump tariff announcement. JPMorgan now sees a 60 % chance of American and global economic shrinkage.
The great slowdown in the American economy will have great repercussions on Asian exports because the United States is an important market for commodities from the region.
“Asia bears the high tariff for the United States. While there is room for negotiation, a new system of higher customs tariffs is here to survive.”
“This is negative for the global economy and Asia, especially those small open economies, in the short and long term in the short term.”
Countries from Vietnam to Bangladesh have become a great recognition in the United States as an export market.
Last week, Trump’s announcement included a 46 % tariff in Vietnam and 37 % in Bangladesh.
Many major American brands produce goods in Vietnam, Including Nike And LululeMon.
Bangladesh exports $ 8.4 billion (6.5 billion pounds) of clothes annually to the United States, according to the Bangladesh Association Trade Association.
“Asia is likely to feel an inappropriate weight of these turmoil because Asia sends more exports to the United States more than other markets,” said Frank Lavin, Undersecretary of the US Department of Commerce at the US Department of Commerce.
Friday, and Global turmoil in the stock market deepensAfter China returned to the definitions announced by Trump.
All three main stock indicators in the United States decreased by more than 5 %, with the S&P 500 index decreased around 6 %, crowned the worst week of the US Securities Market since 2020.
In the UK, the FTSE 100 decreased by approximately 5 % – more severely decreased in five years, while exchanges in Germany and France have faced similar declines.
Mrs. Lee also highlighted that the global stock market march seems to continue: “The United States is trading the bottom point to another difficult session in Wall Street tonight.”
Global stock markets have lost trillion in value since Trump announced that new import taxes are sweeping 10 % on goods from each country, with products from dozens of countries, including major trading partners such as China, the European Union and Vietnam, and faces rates higher.
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