Asian markets slump after Trump announces tariffs
Stock markets in Asia fell Monday amid investor concerns about new tariffs U.S. President Donald Trump announced he would levy on imports from China, Mexico and Canada. Japan’s Nikkei index was down 2.4% at its midday break, while South Korea’s KOSPI index was trading down 3%.
Trump tariffs: Indian stock market opens lower as Asia tumbles
Mumbai, Feb 3 (IANS) The domestic benchmark indices opened sharply lower on Monday, as Asian markets tumbled after US President Donald Trump announced trade tariffs which are set to come into effect from Tuesday.At around 9.33 a.m., the Sensex was trading over 400 points down at 77,103.22 while the Nifty was down 154 points at 23,328.00.
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