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How are Asian economies responding to the volatility brought by Trump? | DW News



How are Asian economies responding to the volatility brought by Trump? | DW News

As Japan’s Nikkei stock index briefly dropped to its lowest level since September, a massive sell-off of shares continues in Asia. This follows a sharp sell-off on Wall Street as investors worry Donald Trump’s aggressive trade policies could tip the economy into a recession. The Dow Jones index dropped more than 2%, the Nasdaq even lost four percent – its worst showing in more than three years.

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View 27 Comments

27 Comments

  5. @considerallthat3310 on

    Sorry World. Biden brought us to a soft landing.
    Press Releases

    Press Releases
    Treasury Releases New Analysis Highlighting the U.S. Economy’s Historic Post-Pandemic Recovery Driven by the Biden Administration’s Policy Agenda
    January 14, 2025
    WASHINGTON – Today, the U.S. Department of the Treasury’s Office Economic Policy released an analysis showing that the United States has done remarkably well in the recovery from the pandemic recession, driven by President Biden’s policy response. Under the Biden-Harris Administration, the United States has had the strongest growth and employment creation of any advanced country, brought inflation back down, and achieved a soft landing, defying many forecasts and predictions. This all happened amid the fairest recovery on record, as rural communities, households of color, and historically overlooked places have seen significant gains.

    This analysis comes ahead of Secretary Yellen’s remarks to the New York Association for

  6. @considerallthat3310 on

    The Smoot–Hawley Tariff Act, signed into law in 1930, raised tariffs on over 20,000 imported goods and agricultural imports to protect American businesses and farmers from foreign competition. The act, sponsored by Senator Reed Smoot and Representative Willis Hawley, was the second-highest tariff in American history. The act's intended purpose was to boost farm prices and protect American businesses. However, it backfired, causing food and other prices to rise

  7. @Alishablessedall on

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  11. @netizencapet on

    The tech sector which carries the Street was already doomed due to the idiotic two party duopoly's hate against China, significantly limiting those firms' sale market.

  13. @종석-k6n on

    There will be good news soon, compatriots, don't stop
    "The Chinese are erasing our identity"… Tibetan independence movement continues overseas

  17. @gta_andini on

    Asia is just fine, imo. Markets can't be volatile all the time, it has to find its stable foothold sooner or later after adapting itself to the new reality.

  18. @JezebelDownham on

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  19. @adammathews5577 on

    This is what happens when you elect a man in the late stages of dementia as US president, then let him surround himself with a cast of obsequious yes men, failed clowns, and Russian spies.

  20. @davehewson on

    Its also a great time reduce the dependence on US equities and move to Canada, EU, China, India. The biggest con ever pulled is the US thinking the world would stop without them and this often done by big American Banks. Now is the time to make a difference.