Asian stocks slid after Wall Street surrendered to a hit by Trump’s tariffs

HONG KONG (AP) — Asian markets retreated Friday after Wall Street shuddered with a level of shock unseen since the COVID-19 impact tore on Trump’s latest set of tariffs’ damage on the world’s economy.

Futures for U.S. stocks and the oil prices declined.

Tokyo’s Nikkei 225 lost 2.6% to 33,818.18, and Korea’s Kospi fell 0.8% to 2,467.14 after the two countries pivoted to negotiating lower tariffs with Trump’s administration.

Australia’s S&P/ASX 200 dropped 1.9% to 7,713.60....