{"id":41599,"date":"2025-04-04T01:43:02","date_gmt":"2025-04-04T04:43:02","guid":{"rendered":"https:\/\/tiproject.online\/index.php\/2025\/04\/04\/nikkei-225-and-asx-200-tariff-fallout-deepens-as-yen-rises-oil-crashes\/"},"modified":"2025-04-04T01:43:02","modified_gmt":"2025-04-04T04:43:02","slug":"nikkei-225-and-asx-200-tariff-fallout-deepens-as-yen-rises-oil-crashes","status":"publish","type":"post","link":"https:\/\/tiproject.online\/index.php\/2025\/04\/04\/nikkei-225-and-asx-200-tariff-fallout-deepens-as-yen-rises-oil-crashes\/","title":{"rendered":"Nikkei 225 and ASX 200: Tariff Fallout Deepens as Yen Rises, Oil Crashes"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div>\n<ul class=\"small-bullet-points\">\n<li>China: 34%, <a href=\"https:\/\/www.fxempire.com\/news\/article\/china-gets-64-tariff-wall-as-trump-turns-up-the-trade-heat-yuan-sinks-stocks-slide-1509012\" target=\"_blank\" rel=\"noopener noreferrer\">raising total US tariffs<\/a> to 64%.<\/li>\n<li>Taiwan: 32%.<\/li>\n<li>South Korea: 30%.<\/li>\n<li>Japan: 24%.<\/li>\n<li>EU: 20%<\/li>\n<li>A minimum 10% baseline tariff.<\/li>\n<\/ul>\n<p>Nick Timiraos, Chief Economic Correspondent for The Wall Street Journal, summarized the market reaction:<\/p>\n<blockquote>\n<p>\u201cTop economic advisers to Trump (Bessent in his confirmation hearing, Miran in his Nov 2024 paper) have said that tariffs need not raise consumer prices so long as the dollar appreciates, as it did in 2018-19. The dollar has gone the other way.\u201d<\/p>\n<\/blockquote>\n<p>Apple Inc. (<a href=\"https:\/\/www.fxempire.com\/stocks\/aapl\" target=\"_blank\" rel=\"noopener noreferrer\">AAPL<\/a>) led the declines, plunging 9.25%. CN Wire noted the widespread impact:<\/p>\n<blockquote>\n<p>\u201cThe tariffs hit Apple\u2019s major manufacturing hubs in China, Taiwan, India, and Vietnam, potentially affecting nearly every product Apple sells, from iPhones to accessories. [\u2026] Analysts estimate that a 10% tariff could reduce Apple\u2019s net income by 3.5-4%, with a 9% impact on its gross margin if tariffs on China remain. Apple\u2019s dependence on China for over 90% of its manufacturing makes it particularly vulnerable.\u201d<\/p>\n<\/blockquote>\n<p><strong>Asian Market Implications<\/strong>: Markets in Asia opened with a second day of steep losses on April 4 following Thursday\u2019s US market sell-off. The US futures pointed to another pullback on Friday, April 4, influencing sentiment in the Asian session.<\/p>\n<h2 id=\"hong-kong-and-mainland-china-markets-closed\">Hong Kong and Mainland China Markets Closed<\/h2>\n<p>There was no trading on the <a href=\"https:\/\/www.fxempire.com\/indices\/hk33-hkd\" target=\"_blank\" rel=\"noopener noreferrer\">Hang Seng Index<\/a> or the Mainland China markets due to the Ching Ming Festival. Market reactions may surface when trading resumes on Monday, April 7.<\/p>\n<\/div>\n<p>[ad_2]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] China: 34%, raising total US tariffs to 64%. Taiwan: 32%. South Korea: 30%. Japan: 24%. EU: 20% A minimum 10% baseline tariff. Nick Timiraos, Chief Economic Correspondent for The Wall Street Journal, summarized the market reaction: \u201cTop economic advisers to Trump (Bessent in his confirmation hearing, Miran in his Nov 2024 paper) have said that tariffs need not raise consumer prices so long as the dollar appreciates, as it did in 2018-19. The dollar has gone the other way.\u201d Apple Inc. (AAPL) led the declines, plunging 9.25%. CN Wire noted the widespread impact: \u201cThe tariffs hit Apple\u2019s major manufacturing hubs in China, Taiwan, India, and Vietnam, potentially affecting nearly every product Apple sells, from iPhones to accessories. [\u2026] Analysts estimate that a 10% tariff could reduce Apple\u2019s net income by 3.5-4%, with a 9% impact on its gross margin if tariffs on China remain. Apple\u2019s dependence on China for over 90% of its manufacturing makes it particularly vulnerable.\u201d Asian Market Implications: Markets in Asia opened with a second day of steep losses on April 4 following Thursday\u2019s US market sell-off. The US futures pointed to another pullback on Friday, April 4, influencing sentiment in the Asian session. Hong Kong and Mainland China Markets Closed There was no trading on the Hang Seng Index or the Mainland China markets due to the Ching Ming Festival. Market reactions may surface when trading resumes on Monday, April 7. [ad_2]<\/p>\n","protected":false},"author":1,"featured_media":41600,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[45],"tags":[],"class_list":["post-41599","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-financas"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/posts\/41599","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/comments?post=41599"}],"version-history":[{"count":0,"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/posts\/41599\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/media\/41600"}],"wp:attachment":[{"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/media?parent=41599"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/categories?post=41599"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/tags?post=41599"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}