Why are Asian markets seeing a ‘bloodbath’?

As Donald Trump’s shock waves continue to repercate the world, the Asian stock market is plummeting.

The main indexes from Shanghai to Tokyo, Sydney and Hong Kong plunged when they opened on Monday. One analyst told the BBC, “This is a lineage.”

As an area that manufactures many products sold worldwide, Asian countries and territory are directly hit by tariffs.

It is also especially sensitive to the fear of the world’s largest economy in the world’s largest economy, which can lead to a slowdown or economic downturn.

In the afternoon trading, Japan’s Nikkei 225 benchmark index fell 7.6% and Korea’s KOSPI decreased 4.7%.

Australia’s ASX 200 decreased 4.2%.

Slumps in mainland China, Hong Kong, and Taiwan have been deteriorated because they catch the big falls that can be seen on other markets on Friday when they closed on Friday.

Shanghai composite materials fell more than 8.3%,

Julia Lee, a customer press officer at FTSE Russell, a subsidiary of the London Securities Exchange Group, said, “Targets meet the expectation of inflation and economic downturn.

Goldman Sachs predicted that investment banking companies are currently reducing the country’s economic growth forecasts, with a 35%relocation estimates that the US is likely to fall into the economic downturn over the next 12 months.

Other Wall Street companies also revised the economic downturn due to Trump’s tariffs. JPMORGAN is now seeing a 60% chance of the US and global economic downturn.

The significant slowdown in the US economy will have a major impact on Asian exports because the US is an important market for local products.

“Asia is doing a cruel work of US tariff hikes. There may be room for negotiations, but a new tariff regime may be here,” Qian Wang, an investor of VANGUARD, the Asia -Pacific Chief Economic Scholar.

“This is negative for the small -scale open economy in the world and Asian economy, especially in the short and long term.”

Countries from Vietnam to Bangladesh have been highly defined in the United States as export markets.

Trump’s announcement last week included 46%of tariffs in Vietnam and 37%in Bangladesh.

The major brands in the United States are producing products in Vietnam Including Nike And lululemon.

According to Bangladesh’s clothing manufacturers and export associations, Bangladesh exports $ 8.4 billion ($ 6.5 billion) to the United States every year.

Frank Lavin, an international trade department at the US Department of Commerce, said, “Asia is likely to be unbalanced about this confusion because Asia sends more exports to the United States than other markets.

On Friday The global stock market confusion has increasedAfter China counterattacked Trump’s tariffs.

The three major US stock indexes fell by more than 5%, and the S & P 500 decreased almost 6%, preventing the worst in the US stock market since 2020.

In the UK, the FTSE 100 plunged almost 5%, the steepest drop in five years, and the exchange between Germany and France faced similar reductions.

Lee is also expected to continue the global stock market.

Since Trump announced a new 10%income tax on products in all countries through products in dozens of products in dozens of products, including major trading partners such as China, the European Union and Vietnam, have lost one trillion value.