Source: International Business Times
Tokyo's Nikkei plunged more than four percent at one point as it led more losses across Asian markets AFP Tokyo led another plunge across Asian markets Monday while gold hit a record high as investors steel themselves for a wave of US tariffs this week that has fuelled recession fears. Equities across the planet have been hammered in recent weeks ahead of Donald Trump's "Liberation Day" on April 2, when his administration will unveil a series of levies against friend and foe alike, citing what he says are unfair trading practices. His announcement last week that he would also impose 25 percent duties on imports of all vehicles and parts ramped up the fear factor on trading floors, hammering car giants including Japan's Toyota, the world's biggest.
