{"id":13406,"date":"2025-04-07T14:44:03","date_gmt":"2025-04-07T09:44:03","guid":{"rendered":"https:\/\/pakalerts.net\/english\/?p=13406"},"modified":"2025-04-07T14:44:03","modified_gmt":"2025-04-07T09:44:03","slug":"trump-tariffs-and-global-trade-war-fears-trigger-sharp-decline-in-asian-stock-markets-at-start-of-new-week","status":"publish","type":"post","link":"https:\/\/pakalerts.net\/english\/?p=13406","title":{"rendered":"Trump Tariffs and Global Trade War Fears Trigger Sharp Decline in Asian Stock Markets at Start of New Week"},"content":{"rendered":"

Amid fears over U.S. tariffs and a potential global trade war, Asian and Gulf stock markets witnessed a sharp downward trend at the beginning of the new week.<\/strong><\/p>\n

Japan’s Nikkei Index fell by 9%, while Hong Kong’s Hang Seng Index dropped by 8%. In South Korea, trading was temporarily halted due to concerns of a severe market downturn.<\/p>\n

Additionally, the Australian stock market suffered a loss of $160 billion, with the benchmark S&P index plunging 6% within the first 15 minutes of trading.<\/p>\n

On the other hand, the Saudi stock market also faced a massive loss of 500 billion riyals. The Saudi benchmark Tadawul All Share Index (TASI) dropped by 700 points to close at 11,200. Oil giant Aramco alone suffered a 340 billion riyal loss in share value, while the Saudi National Bank and other major companies also faced significant losses.<\/p>\n

According to Saudi media, stock markets in Qatar, Kuwait, Muscat, and Bahrain also experienced declines. The Kuwait stock market fell by 6.6%, Qatar by 5.5%, the Muscat index by 2.1%, Bahrain by 2.5%, and Oman by 2.6%.<\/p>\n

Saudi media further reported that this was the biggest decline in Gulf stock markets since May 2020.<\/p>\n","protected":false},"excerpt":{"rendered":"

Amid fears over U.S. tariffs and a potential global trade war, Asian and Gulf stock markets witnessed a sharp downward trend at the beginning of the new week. Japan’s Nikkei Index fell by 9%, while Hong Kong’s Hang Seng Index dropped by 8%. In South Korea, trading was temporarily halted due to concerns of a […]<\/p>\n","protected":false},"author":2,"featured_media":13407,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"googlesitekit_rrm_CAowgLK2DA:productID":"","_sitemap_exclude":false,"_sitemap_priority":"","_sitemap_frequency":"","jnews-multi-image_gallery":[],"jnews_single_post":{"subtitle":"","format":"standard","override":[{"template":"3","parallax":"1","fullscreen":"1","layout":"no-sidebar","sidebar":"home-loop","second_sidebar":"default-sidebar","sticky_sidebar":"1","share_position":"bottom","share_float_style":"share-monocrhome","show_share_counter":"1","show_view_counter":"1","show_featured":"1","show_post_meta":"1","show_post_date":"1","post_date_format":"ago","post_date_format_custom":"Y\/m\/d","show_post_category":"1","show_post_reading_time":"0","post_reading_time_wpm":"300","post_calculate_word_method":"str_word_count","show_zoom_button":"0","zoom_button_out_step":"2","zoom_button_in_step":"3","show_post_tag":"1","show_prev_next_post":"1","show_popup_post":"1","number_popup_post":"5","show_post_related":"1"}],"image_override":[{"single_post_thumbnail_size":"no-crop","single_post_gallery_size":"crop-715"}],"trending_post_position":"meta","trending_post_label":"Trending","sponsored_post_label":"Sponsored by","disable_ad":"0"},"jnews_primary_category":[],"jnews_social_meta":[],"footnotes":""},"categories":[47,46,37],"tags":[5898,5901,5902,5899,5900],"class_list":["post-13406","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-important-news","category-latest","category-world","tag-asian-markets","tag-global-trade-war","tag-gulf-market-losses","tag-stock-market-crash","tag-trump-tariffs"],"_links":{"self":[{"href":"https:\/\/pakalerts.net\/english\/index.php?rest_route=\/wp\/v2\/posts\/13406","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/pakalerts.net\/english\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/pakalerts.net\/english\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/pakalerts.net\/english\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/pakalerts.net\/english\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=13406"}],"version-history":[{"count":1,"href":"https:\/\/pakalerts.net\/english\/index.php?rest_route=\/wp\/v2\/posts\/13406\/revisions"}],"predecessor-version":[{"id":13408,"href":"https:\/\/pakalerts.net\/english\/index.php?rest_route=\/wp\/v2\/posts\/13406\/revisions\/13408"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/pakalerts.net\/english\/index.php?rest_route=\/wp\/v2\/media\/13407"}],"wp:attachment":[{"href":"https:\/\/pakalerts.net\/english\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=13406"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/pakalerts.net\/english\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=13406"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/pakalerts.net\/english\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=13406"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}