Brief by Shorts91 Newsdesk / 06:08pm on 07 Apr 2025,Monday Business
Hong Kong’s stock market had its worst day in nearly 30 years, falling over 13% on Monday. The Hang Seng Index dropped after U.S. President Donald Trump announced new tariffs, and China responded with its own. Investors panicked, selling stocks fast. Markets in China, Japan, and other Asian countries also fell. Experts say Hong Kong's stock drop shows how serious the trade fight is. The U.S. market is also expected to fall when it opens. Since Trump’s tariff news, global markets have lost trillions of dollars. Many fear worse losses ahead. (PC: AFP)
