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Asian markets fall after Trump threatens new tariffs on China
Bangkok Post
|October 14, 2025
Stocks in Asia slid lower yesterday morning, days after US President Donald Trump threatened to impose higher tariffs on all Chinese imports and cancel a planned meeting with China's leader, Xi Jinping.
President Trump has said that the United States would impose a 100% tariff on Chinese products starting on Nov 1, along with export controls on 'any and all critical software.'
(NYT)
Benchmark indexes in Taiwan and Hong Kong dropped around 2% in early trading yesterday. South Korea's Kospi index and Shanghai's composite index both fell about 1%.
Markets in Japan were closed for a holiday, but its Nikkei futures index had fallen around 5% on Friday before paring back some of those losses.
The shaky trading in Asia followed drops in US stocks Friday after Trump posted on social media that he was considering a "massive increase in tariffs" on Chinese products. The US selloff was pronounced enough to wipe out the S&P 500's prior weekly gains.
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