Stock markets in Asia fell Monday amid investor issues about new tariffs U.S. President Donald Trump introduced he would levy on imports from China, Mexico and Canada.
Japan’s Nikkei index was down 2.4% at its noon break, whereas South Korea’s KOSPI index was buying and selling down 3%.
Hong Kong’s Hang Seng index was down greater than 2% in early buying and selling earlier than slicing its loses to 1.4% round noon.
U.S. stock futures had been down forward of these markets opening Monday.
Trump on Saturday introduced the 25% tariffs on Canadian and Mexican items, and a ten% tariff on Chinese items.
Canada and Mexico have introduced their very own tariffs on U.S. items in response to Trump’s transfer. China has pledged to take unspecified measures in its response.
China, Mexico and Canada are the highest three U.S. commerce companions.
Some data for this story was supplied by The Associated Press and Reuters.
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