Asian markets resume slide; Nikkei drops 5% as Trump’s salvo of tariffs takes effect
Asian and European shares slid on Wednesday, with Japan’s Nikkei 225 dipping more than 5%, as the latest set of U.S. tariffs including a massive 104% levy on Chinese imports took effect. Markets have been wobbly for days, with investors flummoxed over what to make of President Donald Trump’s trade war. On Tuesday, the S&P 500 dropped…
