Donald Trump's imminent trade war has sent global stock markets stuttering ahead of his controversial tariff plans later today.
The White House confirmed yesterday the President will impose new tariffs, however it did not provide details about the size and scope of the fees on what he has called "Liberation Day."
Asian stocks struggled for direction, with Japan's Nikkei last up 0.25 per cent after hitting its lowest level since September earlier in the session. South Korea's benchmark index was down 0.6 per cent.
The Hang Seng Index in Hong Kong dropped 0.8 per cent. In mainland China, the CSI 300 Index declined 0.1 per cent.
Stock markets across the world are holding their breaths ahead of Trump's "Liberation Day"
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White House Press Secretary Karoline Leavitt holds a press briefing,
Reuters
Trump holds an executive order about tariffs increase, flanked by U.S. Commerce Secretary Howard Lutnick
Reuters