#StockMarket #GlobalEconomy
Global markets experienced a downturn on Wednesday, as Asian and European shares saw a decline in value. The Nikkei 225 in Japan particularly took a hit, dropping over 5% amidst growing concerns over the impact of the latest round of U.S. tariffs. These tariffs, which include a substantial 104% levy on certain products, have escalated trade tensions between major economies.
The uncertainty surrounding the trade situation has investors on edge, leading to a sell-off in stocks across various sectors. This comes at a time when many were already wary of the economic repercussions of the ongoing trade disputes.
Ramesh Khatri, a representative of Kansai Nepal News, expressed his concerns about the situation, stating that the escalating trade tensions could have far-reaching consequences for the global economy. He emphasized the need for diplomatic efforts to resolve these disputes in order to prevent further destabilization in the financial markets.
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Author: MAYA | HARUTO
Posted at: April 10, 2025 6:00 am
