Trump tariffs latest: Asian stock markets tumble at start of US president’s ‘Liberation Day’

Asian stocks declined as investors awaited details of US President Donald Trump’s tariff plans, which could escalate global trade tensions. Trump is set to impose new tariffs without specifying the size and scope, causing uncertainty in the markets. Markets in Japan, South Korea, Hong Kong, and mainland China dropped amid fears of a potential global economic slowdown due to the ongoing trade war.

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