Asian stock markets slide as Trump tariff selloff deepens

The key Asian stock markets fell apart at its opening on Monday, as the reaction to the world of President Donald Trump’s tariff campaign continued – and as futures in the United States signaled more confusion for US markets.

The Nikkei 225 Index in Tokyo lost nearly 9% shortly after the opening of the market, a steep decline, a triggering switch that temporarily stopped trade. The wider Topix index of Japan sank 8%.

The Kospi Index in South Korea fell more than 5% on Monday trade, such as Australian SS& P/ASX 200 slides more than 6%before recovering slightly.

The Hong Kong Hang Seng Index opened 9.56%, with Chinese technological stocks such as Alibaba and Baidu fell almost 12%. On the continental part – where there is a smaller international investors – the Shanghai composite index dropped by 4.82%

Indian stock markets also fought. BSE’s Sensex dropped by 5.19%, while the wider Nifty collapsed by 5%.

American futures have signaled a more weakness. Futures for s& P 500 lost 4.2%, while those for Dow Jones Industrial Sential an average of 3.5%. Nasdaq’s futures lost 5.3%.

Investors are preparing to continue market turmoil on Monday in response to the rates for Liberation Day, announced last week.

Speaking with Air Force reporters on Sunday, Trump turned to the recent market turbulence and subsequent fears of an upcoming recession.

“Now what will happen to the market? I can’t tell you, but I can tell you that our country has become much stronger and in the end it will be a country like no other, it will be the most dominant country in the world,” Trump said.

“I don’t want to go down, but sometimes you have to take medication to repair something and we have so horrible – we were treated so badly from other countries because we had a stupid leadership that allowed it to happen,” the president added.

ABC News, Karson Yiu, Zunai Zaki and Hannah Demissie have contributed to this report.