Asian shares sank again on Wednesday as the latest set of US tariffs, including a massive 104 per cent levy on Chinese imports, was due to take effect.
The sharply higher tariffs were scheduled to kick in after midnight Eastern time in the US, and investors have no idea what to make of President Donald Trump's trade war.
The retreat overnight and into early Wednesday in Asia followed rallies for stocks globally earlier in the day, with indexes up 6 per cent in Tokyo, 2.5 per cent in Paris and 1.6 per cent in Shanghai.
The story "Asian shares deepen losses after Wall St fall, tariffs due to take effect" has 675 words across 27 sentences, which will take approximately 3 - 6 minutes for the average person to read.
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