The people of 7 April

The Nikkei 225, SSE Composite Index, and Hang Seng Index experience substantial losses following Friday’s losses on the New York Stock Exchange as a result of U.S. president Donald Trump's tariffs. European markets also decline, particularly in banking and defense sectors. The ASX 200 in Australia and the Kospi in South Korea also closes lower.

Business · 7 Apr

European Commission president Ursula von der Leyen offers to negotiate with Trump to avoid a trade war and further economic panic, including a zero-for-zero tariff deal on all industrial goods.

Business · 7 Apr

South Korea announces a snap presidential election after the dismissal of former president Yoon Suk Yeol, scheduled for June 3.

Politics · 7 Apr

Taiwanese president Lai Ching-te states that he does not intend to implement retaliatory tariffs against the United States. He instead expressed Taiwan's intent to import more American exports and increase its investments in the U.S. economy, beginning with a proposal for a Taiwan–U.S. bilateral zero-tariff deal.

Business · 7 Apr