Asian stock markets plunged on Monday, April 7, due to concerns over US President Donald Trump’s “reciprocal” tariffs. Exchange operators in Japan and Taiwan briefly halted trading to pause panic selling.
Japan’s Nikkei 225 index fell 6.5 percent, while Taiwan’s Taiex weighted index dropped 9.8 percent, prompting the implementation of circuit breakers to stabilize the market. Other Asian markets, including Singapore, Hong Kong, and South Korea, also experienced significant declines.