Asian shares are sharply lower as Tokyo tumbles 4% after Wall Street retreat

On Monday, Asian stock markets experienced significant downturns, notably Japan's Nikkei 225, which dropped over 4%. This decline was influenced by heightened concerns regarding inflation and a slowing U.S. economy, particularly as consumer spending hesitates amid trade war anxieties. In addition, a powerful earthquake in Myanmar added to the region's volatility. U.S. markets also faced turmoil with a notable decline in major indices, highlighting a broader narrative of economic uncertainty caused by tariffs affecting consumer sentiment.

Asian share markets fell sharply, led by a more than 4% drop in Tokyo’s Nikkei 225, as concerns mount over inflation and a slowing U.S. economy.

U.S. markets are being adversely affected by uncertainty from tariffs, as households and businesses start to freeze their spending, exacerbating economic worries.

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