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2025-04-21

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Trump's policy on equal tariffs caused a sudden drop in Asian stocks! The Japanese stock market recorded its largest weekly decline in five years | #MirrorNews

Trump's policy on equal tariffs caused a sudden drop in Asian stocks! The Japanese stock market recorded its largest weekly decline in five years | #MirrorNews
讀後心得
The United States' imposition of tariffs has affected many countries in Asia, with Asian stocks falling for two consecutive days. Japanese stocks plummeted by more than 1,400 points, marking the largest weekly decline in five years. Vietnam is affected by a 46% heavy tax, and many clothing and sneaker brands have suspended shipments.

The United States has significantly raised tariffs, leading to substantial damage to several countries in Asia, with Asian stocks experiencing sharp declines for two consecutive days. Among them, the Japanese stock market has suffered the most severe losses, plummeting over 1400 points at one point today (April 4), marking the largest weekly drop in nearly five years! In Southeast Asia, Vietnam is also facing heavy taxes of up to 46%, as many apparel and footwear brands are produced in Vietnam. There are reports that several exporters have already begun to suspend shipments.