Asian shares plunge as US markets reverse gains: 10 things to know

Asian markets faced a sharp decline due to escalating US-China trade tensions. Tokyo’s Nikkei 225 index significantly dropped. Investors rushed to safer assets like yen and gold. President Trump’s tariff hikes on Chinese goods triggered retaliatory measures from Beijing. Wall Street also experienced a major sell-off. Global talks are expected as countries seek to address trade imbalances.