Asian markets settled down on Thursday due to escalating global trade tensions after US President Donald Trump announced a 10% tariff on all imports to the United States along with additional high tariffs on countries the US considers worst offenders based on trade deficits and non-tariff barriers. Moreover, Japanese markets lead losses as a stronger yen dented exporters. China's Shanghai index fell, despite growing optimism that China will take more steps to shield the economy from Trump tariffs. Markets in Indonesia and Taiwan closed for a public holiday.
| Asian Indices | Last Trade | Change in Points | Change in % |
| Shanghai Composite | 3,342.01 | -8.12 | -0.24 |
| Hang Seng | 22,849.81 | -352.72 | -1.54 |
| Jakarta Composite | -- | -- | -- |
| KLSE Composite | 1,518.91 | -7.61 | -0.50 |
| Nikkei 225 | 34,735.93 | -989.94 | -2.85 |
| Straits Times | 3,942.23 | -11.98 | -0.30 |
| KOSPI Composite | 2,486.70 | -19.16 | -0.77 |
| Taiwan Weighted | -- | -- | -- |
