Black Monday for Asian stock markets

The American administration led by Donald Trump has ordered the imposition of tariffs on all other countries, in a decision marking the second term of the American president. As a result, the Asian market plummeted.

Trump's announcements and the countermeasures decreed by China led to the biggest drop in Asian stock markets in several decades. The main loser was China; indeed, the country presided over by Xi Jinping announced a package of measures as a counter-offensive to the measures imposed by Washington, which drove investors away due to the potential trade war that could erupt between the two powers.

For his part, Donald Trump is continuing his plan, although he's open to negotiating different proposals: "I want to solve the deficit problem we have with China, with the European Union, and other nations. If they want to talk about it, I'm open to discussion. But otherwise, why would I want to talk to them (...) I've talked to a lot of Europeans, Asians, all over the world. They're dying to reach an agreement."

(MH with D. Rodriguez - Source: Agency - Photo: © Unsplash)