Asian markets plunged on Monday after Donald Trump warned international governments they must pay “some huge cash” to raise sweeping tariffs.
The US president referred to the tariffs as “drugs”, his remarks triggering additional carnage throughout international monetary markets.
In Japan, the Nikkei was off an eye-watering 6.5pc, falling nearly 8pc in early commerce.
In the meantime, in Hong Kong, the Cling Seng tumbled nearly 10pc and the Shanghai Composite greater than 4pc.
Talking to reporters on board Air Pressure One on Sunday night time, Mr Trump indicated he was not involved about losses which have already worn out trillions of {dollars} in worth from share markets around the globe.
“I don’t need something to go down. However generally you need to take drugs to repair one thing,” he mentioned as he returned from a weekend of golf in Florida.
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