Asia-Pacific markets plunge on Trump’s renewed ‘all countries’ tariff threat

Asian markets are in the red on Monday after U.S. President Donald Trump reiterated his threat to impose broad tariffs in just a few days time.

On Sunday, the U.S. president told reporters that he expected to slap tariffs on “all countries” come Wednesday, and dismissed suggestions that the initial wave of new U.S. levies would target a small number of countries. 

Markets in Asia, particularly U.S. allies, plunged at the start of the Monday trading day. Taiwan's Taiex index was down 4.2%...