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2025-04-21

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Trump's reciprocal tariffs lead to sharp decline in Asian stocks! Japanese stocks hit the largest weekly drop in 5 years | #MirrorNews

Trump's reciprocal tariffs lead to sharp decline in Asian stocks! Japanese stocks hit the largest weekly drop in 5 years | #MirrorNews
讀後心得
The impact of U.S. tariffs has severely affected many countries in Asia, with Asian stocks experiencing consecutive days of significant decline. Japanese stocks, in particular, suffered a severe drop, plummeting more than 1400 points at one point today, marking the largest single-week decline in nearly five years. Vietnam faces a heavy tax rate of 46%, with many apparel and sneaker brands producing locally. Several exporters have already suspended shipments.

The United States' tariff measures have had a significant impact, with several Asian countries being the hardest hit. Asian stock markets have sharply declined for two consecutive days, with Japan's stock market experiencing the most severe drop, plummeting over 1400 points at one point today (4/4), marking the largest weekly decline in nearly five years! Southeast Asia's Vietnam faces a heavy tax burden of 46%, as many clothing and sneaker brands produce their goods in Vietnam. Recently, several exporters have already begun to suspend shipments.