Japan's market opens down 9%
China's Hang Seng market opens down 11%
The Hang Seng Technology sector dropped over 14%
South Korea's market dropped over 5% triggering a pause in trading
Taiwan's Taiex index plummeted 9.6%
Australia down 3.7% (11% drop since Feb)
Singapore's stock market plunged 8%
India down 4%
Oil prices fell -- good news for the US, bad news for the Middle East. Bitcoin down 5.6%.
As for those who feel Trump did not go far enough the good news is that this Wednesday more draconian reciprocal tariffs are set to be implemented. Also, more good news for those concerned with how Trump might be responding to this worldwide condemnation of his trade policy, Trump said "our country has gotten a lot stronger" and appeared in good spirits. But not everything is down, estimates are that inflation will be up 2% a year due to the tariffs. However, those who claim this is unprecedented have no idea what they are saying, we had tariffs this high back in 1933. This of course answers that thorny question "when was America ever great?" Well it wasn't called "the great depression" for nothing!
It’s Official: Global Markets Are in Freefall | Tariff War Hits Asia Hard | Europe Debates Options