April 9, 2025 11:23 AM
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Asian markets sink as White House imposes 104% tariff on Chinese imports
Asian markets sank again today as the White House imposed reciprocal US tariffs, including a massive 104 per cent levy on Chinese imports. Japan’s Nikkei 225 index fell nearly 4 per cent in morning trade, while markets in South Korea, New Zealand and Australia also declined, according to the Ass...