Trump Tariff Turmoil: Asian Stocks Crash, US Futures Tumble

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 "Asian Markets Nosedive, US Futures Sink Amid Trump Tariff Shockwave"


Global Markets See Mega Tariff Shock, Trump Says Medicine WorkingWorld News
 Global Markets See Mega Tariff Shock, Trump Says Medicine Workings 
 Mega Plunge In Asian Markets, US Futures Down In Big Trump Tariff Fallout
 Asian markets experienced a massive drop as US futures pointed to significant losses on Wall Street as a result of Donald Trump's punitive tariffs. This caused Asian markets to experience a massive drop. Agence France-Presse
 Mega Plunge In Asian Markets, US Futures Down In Big Trump Tariff Fallout
 Tokyo:
 Asian markets took a huge plunge Monday as US futures pointed to significant losses on Wall Street over Donald Trump's punishing tariffs, even as countries sought compromise with the defiant president.


 Trump denied Sunday he was intentionally engineering a selloff and insisted he could not foresee market reactions, saying he would not make a deal with other countries unless trade deficits were solved. 
 "Sometimes you have to take medicine to fix something," he said of the market pain that has seen trillions of dollars wiped off the value of US companies since the beginning of his tariff rampage.
 Speaking to reporters aboard Air Force One, he added that he had sought to resolve the issue with world leaders over the weekend, claiming "they're dying to make a deal."
 China retaliated against the United States on Friday, announcing it would impose tit-for-tat tariffs of 34 percent on all US goods from April 10 after Asian markets closed last week. 
 When trading resumed, Asian stocks took a big hit as the trade war got worse. The Nikkei 225 in Japan was down a startling 6.5% in early Monday trade, while stocks in Taiwan were down almost 10% and in Singapore were down 8.5%. Futures contracts for the New York Stock Exchange's main boards were sharply down Sunday, suggesting more pain for battered Wall Street stocks when markets open Monday, while US oil dropped below $60 a barrel for the first time since April 2021.
 "Deals and Partnerships" Benjamin Netanyahu, the prime minister of Israel -- which has been hit with 17 percent tariffs, despite being one of Washington's closest allies -- will fly in for crunch talks with Trump Monday on the levies.
 Britain's Prime Minister Keir Starmer warned in a newspaper op-ed that "the world as we knew it has gone," saying the status quo would increasingly hinge on "deals and alliances."

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