Asian markets nosedive after Trump’s tariffs. Is this ‘Black Monday’ 2.0?

Asian markets nosedived on Monday morning amid fears of a global trade war following US President Donald Trump’s sweeping tariffs, which he called ‘medicine’. Japan’s Nikkei plunged over eight per cent, while India’s Nifty tanked 1,000 points. For many, this raised fears of a repeat of 1987’s Black Monday — when stocks tumbled across the world

Explainers