Stock markets tumble in Asia as Donald Trump’s tariffs loom

Unlock the Editor’s Digest for free

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.

Global markets fell on Monday over fears of an intensified trade war ahead of Donald Trump’s expected unveiling of a swath of extra tariffs.

Japanese, South Korean and Hong Kong stocks fell sharply, accelerating a sell-off that began last week, after Trump said reciprocal US tariffs he expected to announce on April 2 would apply globally.

“You’d start with all…