Asian markets tumble again after White House confirms jumbo 104% tariffs on China

News Snapshot:

Asian markets sank again on Wednesday as the White House looked set to impose reciprocal US tariffs, including a massive 104 per cent levy on Chinese imports, on Wednesday. Japan’s Nikkei 225 index fell nearly 4 per cent in morning trade while markets in South Korea, New Zealand and Australia also declined, according to the Associated Press. China’s blue chips slipped 1.2 per cent while Hong Kong’s Hang Seng index tumbled 3.1 per cent. MSCI’s broadest index of Asia-Pacific shares outside Japan fell 1.7 per cent. Story continues below this ad The rising unpredictability in the face of a bruising...