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Another Rocky Day in Markets: Stocks in Asia Resume Their Slide

8 April 2025
in USA
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Another Rocky Day in Markets: Stocks in Asia Resume Their Slide
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Market turmoil in Asia continued on Wednesday as stocks faced renewed downward pressure due to impending higher U.S. import taxes. Benchmark indexes in Japan and Hong Kong opened over 3 percent down, while the S&P 500 neared a bear market. President Trump’s tariffs have triggered retaliatory measures, with China imposing 34 percent tariffs on American goods, leading to global uncertainty and market volatility.

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Tags: AsiaCustoms (Tariff)DayFar EastInternational Trade and World MarketJapanMarketsresumeRockyslideSouth and Southeast Asia and Pacific AreasSouth KoreaStandard & Poor's 500-Stock IndexStandard & Poor's CorpStocksStocks and BondsUnited States
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