Trump tariffs live: Global equities under pressure as tariffs shake markets

A global equity market sell-off deepened on Friday, with Asian markets falling and those in Europe and the US set to extend declines as investors moved into government bonds as a refuge from Donald Trump’s tariff blitz.

Japan’s Topix was down 4.5 per cent and Australia’s S&P/ASX 200 index retreated 2.2 per cent, while South Korea’s Kospi dropped 1.7 per cent.

“Liberation day turned into liquidation day”, said Prashant Bhayani, chief investment officer for Asia at BNP Paribas…