Asian markets tumble on Trump trade war panic, as China plays down economic risk

News Snapshot:

Open this photo in gallery: A screen displays the closing Hang Seng Index in Hong Kong on April 7.Tyrone Siu/Reuters Stock markets across Asia plunged Monday, joining a global rout sparked by U.S. President Donald Trump’s sweeping tariff hikes last week. Circuit breakers were triggered in several markets around the region as traders rushed to sell off shares, with banks among the worst hit stocks. Taiwan’s stock market, which had been closed last Thursday and Friday for a holiday, saw its biggest one-day percentage fall on record, at almost 10 per cent, and markets in China and Hong Kong also...