💨 Abstract

US President Trump's announcement of reciprocal tariffs on multiple countries, including India, led to a heavy sell-off in Asian stock markets on April 3. The Nikkei 225, Hang Seng, and KOSPI indices declined significantly. US markets also showed signs of distress, with Dow Jones Futures down by 1.78%. Indian stock market futures also dropped, indicating a lower opening.

Courtesy: theprint.in

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