World stock markets fall due to the impact of Trump's tariffs

Published at: 07/04/2025 10:14 AM

This Monday, stock markets in Asia and Oceania report an abrupt drop of up to 10% after the recent decision of the President of the United States (US), Donald Trump, to increase tariffs on trading partners and rivals.

The Nikkei index, where the 225 most representative titles of the Japanese market converge, fell by 7.83% or 2,644 points, and closed at 31,136 with 58 integers, the lowest seen for the last time at the end of 2023.

In the case of Australia, the S&P/ASX 200 plunges 6.11% to 7,200, while South Korea's Kospi collapses 5.15% in its first trading of the day.

Stock markets in the Mainland People's Republic of China plummeted at the opening of Monday's session; the Shanghai Stock Exchange's benchmark index fell by around 200 points (-5.3%) a few minutes after its opening, while the Shenzhen market declined by 800 integers (-7.3%).

In addition, the main index of the Hong Kong Stock Exchange, the Hang Seng, yielded around 1,930 points (-9%) a few minutes after starting its activity this Monday.

The main Wall Street indices opened sharply on Monday, with the S&P 500 moving into bearish territory, as investors took refuge in Treasury bonds.

Last Saturday, a universal import tax of 10 percent came into force in the United States, while next Wednesday taxes will increase on imports from some countries, such as members of the European Union (EU) and China.

Mazo News Team