Asian shares are sharply lower, Tokyo and Taiwan tumble 4%, after Wall Street retreat
Asian shares tumbled Monday, with benchmarks in Tokyo and Taiwan falling more than 4%, while the price of gold hit a record high at nearly $3,150 an ounce.
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Asian shares tumbled Monday, with benchmarks in Tokyo and Taiwan falling more than 4%, while the price of gold hit a record high at nearly $3,150 an ounce.
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Asian leaders face tough decisions as President Donald Trump’s reciprocal tariffs pose a generational challenge to a region whose economies were built around exports to the US and a world of low trade barriers.
The mood music in European markets has abruptly shifted, as concerns over imminent tariffs outweigh optimism driven by Germany’s defense-driven spending package.
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