Asian Markets Tumble Amid US-China Trade War: Nikkei 225 Plunges 5.46%, ASX 200 Down 2.2% on April 11, 2025

Asian stock markets experienced a broad decline on Friday, April 11, 2025, mirroring losses on Wall Street and driven by escalating U.S.-China trade tensions. Japan's Nikkei 225 led the fall, plummeting 5.46%, while the broader Topix index sank 5.05%. Australia's S&P/ASX 200 fell by 2.2% to 7,537.00, dragged down by miners and tech stocks. Other markets in the region also saw declines, with South Korea's Kospi down 1.55% and the Kosdaq dropping 0.11%. New Zealand, Singapore, and Malaysia also experienced losses, while Taiwan bucked the trend with a 0.4% gain. China, Hong Kong, and Indonesia were also lower. The downturn followed confirmation from the White House that cumulative tariffs on Chinese imports had climbed to 145%. While President Trump had announced a 90-day pause on tariffs for many countries, the increased tariffs on China heightened fears of a prolonged trade war.