Why Crypto Market is Down? Tariff News Live Update, Stock Market Crash, Asian Market Today

On April 9, 2025, the industrial average of Dow Jones (DJIA) experienced significant volatility in a context of increasing trade tensions. The index opened its doors at 38,827.10, reached a summit of 39,426.60, but fell to a minimum of 38,366.95, ending at 37,645.59, a drop of 320 points (0.84%) compared to the day before. This slowdown followed the announcement by President Trump of a 104% rate on Chinese imports, intensifying the fears of a world trade war. The investors responded by moving away from the actions, causing reductions through the main clues.

On April 9, 2025, the Asian stock markets experienced significant declines while the United States was preparing to implement a 104% tariff on Chinese imports, intensifying trade tensions. The Nikkei 225 of Japan initially dropped by almost 4%, while the markets in South Korea, New Zealand and Australia have also experienced substantial losses. This follows a turbulent session at Wall Street, where the S&P 500 fell by 1.6%, which gave it almost 19% below its February summit. The industrial average of Dow Jones decreased by 0.8% and the NASDAQ composite lost 2.1%. Investors remain uncertain about President Donald Trump’s trade policies, leading to increased volatility on the market.

On April 9, 2025, the Chinese CSI 300 index decreased by 1.2%, the Shanghai composite index decreased by 1.1% and the Hang Kong Hang Seng index dropped by 3.1% while the United States was preparing to implement 104% of Chinese import prices. This development has intensified the current trade conflict between the two nations, leading to increased volatility on the market. Investors have expressed their concern that these prices could further reduce the global economic conditions, which has aroused distance from more risky assets. Increased trade tensions have contributed to significant fluctuations in the global financial markets.

On April 9, 2025, the Nikkei 225 Japanese index dropped by 3% to 32,010.93, reflecting the decline of Wall Street in the midst of American-Chinese trade tensions. The wider Topix index also dropped from 3% to 2,360.32. Technology stocks have notably been affected; Adventst decreased by 9%, Tokyo Electron by 4.85%and SoftBank Group by 5.96%. Investors are increasingly concerned about the fact that imminent 104% American prices on Chinese imports could slow global economic growth.

Bitcoin has dropped sharply below $ 75,000, losing 6% per day, because Asian and global stock markets have dropped due to new American prices on Chinese imports. The Nikkei 225 of Japan, Australia, South Korea and others have seen large losses. The S&P 500 and the Nasdaq also dropped. The cryptography market experienced $ 400 million in liquidations, mainly from long positions. The long report of Bitcoin overturned, showing a lower feeling. Investors withdraw risky assets, fearing more market disorders as US-Chinese trade tensions increase.