ChinaZhōngguó中国to announcexuānbù宣布retaliatorybàofùxìng报复性tariff / import dutyguānshuì关税，AsiaYàzhōu亚洲stock marketgǔshì股市April 4thsì yuè sì rì四月四日across the board / comprehensivequánmiàn全面to fall / to declinexiàcuò下挫。
April 4, 2026 at 4:00 PM
New Words
News in English
BusinessAsian Stocks Fall Broadly on April 4 as China Tariff Retaliation Deepens Global Market Rout
Asian equity markets declined sharply on April 4 as China announcement of 34 percent retaliatory tariffs on all US goods triggered fresh selling, with the Nikkei 225 falling more than 3 percent and the Hang Seng shedding nearly 2 percent.
On April 4, after the US stock market fell significantly, the Asian stock market continued the downtrend, with market sentiment generally turning pessimistic. China announced it will impose 34 percentage points additional tariffs on all US goods, scheduled to take effect from April 10, becoming the direct trigger for that day market decline. Japan Nikkei 225 index fell approximately 3.2%, with export-oriented enterprises suffering from yen strengthening and tariff barriers dual shock. Hong Kong Hang Seng Index fell approximately 1.6%, with technology stocks and auto stocks leading the decline. Alibaba and other blue-chip stocks recorded significant declines. Australia ASX200 index fell exceeding 2%, with mining and energy sectors becoming the drag on broader market core forces. Analysts pointed out this market turbulence reflects investors deepening concerns about US-China trade war deep escalation. Some economists warned that if tariff barriers continue expanding, the global supply chain will face the most severe structural pressure since the COVID-19 pandemic. Multiple countries governments are currently conducting urgent consultations with Washington, seeking tariff exemptions or implementation postponement arrangements. The market widely expects that before trade negotiations achieve substantive progress, Asian stock markets will continue bearing considerable downward pressure in the short term.
More in Business
MomentaMóméng tǎ摩蒙塔Hong KongXiānggǎng香港listedshàngshì上市fundraisingróngjī融资$752 million7.52 yì měiyuán7.52亿美元
Chinese Autonomous Driving Firm Momenta Debuts on Hong Kong Stock Exchange with 752 Million Fundraise
Samsung (South Korean electronics company)Sānxīng三星、SK Hynix (South Korean memory chipmaker)SK HǎilìshìSK海力士and / together withyǔ与Micron (US semiconductor company)Měiguāng美光to race to / to vie injìngxiāng竞相to expand / to increasekuòdà扩大AI / artificial intelligenceAIAImemory (computing)nèicún内存chip / semiconductor chipxīnpiàn芯片production capacitychǎnnéng产能。
Samsung, SK Hynix and Micron Race to Expand AI Memory Chip Capacity
ChinaZhōngguó中国artificial intelligenceréngōng zhìnéng人工智能companygōngsī公司MiniMax (Chinese AI company)MiniMaxMiniMaxto completewánchéng完成$2 billionèrshí yì měiyuán二十亿美元fundraising / financingróngzī融资。
Chinese AI Firm MiniMax Raises 2 Billion Dollars in Hong Kong Share Sale
PepsiCoBǎishì Gōngsī百事公司earnings / performanceyèjī业绩lower than / belowdīyú低于expectation / forecastyùqī预期，the United StatesMěiguó美国stock marketgǔshì股市slightly / marginallyxiǎofú小幅to rise / to increaseshàngzhǎng上涨。
PepsiCo Earnings Disappoint as US Stocks Edge Higher