On April 3, 2025, Asian and European stock markets experienced significant declines following the announcement of new U.S. tariffs by President Donald Trump. While exact monetary losses in U.S. dollars are not specified in the available sources, the percentage drops in major indices suggest substantial reductions in market capitalization.
Asian Markets:
- Japan’s Nikkei 225: Fell as much as 4.6% in early trading, closing the morning session down 3% at 34,673.69.
- South Korea’s Kospi: Declined around 1.5% in early trading.
- Australia’s S&P/ASX 200: Dropped 1.9%, marking its worst single-day performance since September.
European Markets:
- Germany’s DAX: Fell 1.7% to 21,998.48.
- France’s CAC 40: Lost 1.8% to 7,716.66.
- Britain’s FTSE 100: Shed 1.2% to 8,506.44.
- Asian Markets Losses:
- Japan (Nikkei 225)
- Market Cap: ~$5.5 trillion
- Drop: 3%
- Loss: ~$165 billion
- South Korea (Kospi)
- Market Cap: ~$1.7 trillion
- Drop: 1.5%
- Loss: ~$25.5 billion
- Australia (ASX 200)
- Market Cap: ~$1.9 trillion
- Drop: 1.9%
- Loss: ~$36.1 billion
- European Markets Losses:
- Germany (DAX)
- Market Cap: ~$2.5 trillion
- Drop: 1.7%
- Loss: ~$42.5 billion
- France (CAC 40)
- Market Cap: ~$2.9 trillion
- Drop: 1.8%
- Loss: ~$52.2 billion
- UK (FTSE 100)
These market reactions were driven by the U.S. administration’s introduction of a universal 10% tariff on imports, with higher rates for specific countries—China faced a total duty of 54%, while Japan and South Korea were subjected to tariffs of 24% and 25%, respectively.
While the exact monetary value lost across these markets is not detailed in the available sources, the percentage declines in major indices indicate substantial reductions in market capitalization.
newshub
Recent Comments