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04.04.2025

Global Market Meltdown As Trade War Expands

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This page is an archive of main headlines from Japan for 04.04.2025.

It displays 40 headlines from many sources chronologically, as they appeared throughout the day, accompanied by AI overviews that were written in real time.

04.04.2025Global Market Meltdown As Trade War Expands

The escalating trade war between the US and China dominated financial markets, with China's retaliatory 34% tariff announcement triggering another massive selloff. Asian stocks continued their freefall after global markets lost $3.5 trillion the previous day, with Tokyo stocks plunging over 1,400 points and the Dow dropping below 39,000. Japanese markets were particularly vulnerable as analyses showed Trump's tariffs could reduce Japan's economic growth by up to 2%.

The trade conflict directly undermined Japanese manufacturers' "China+1" supply chain strategy as Southeast Asian production facilities now face unexpected high tariffs. Prime Minister Ishiba announced the establishment of a ministerial meeting to address what Japan Times called a "national crisis."

Meanwhile, South Korea's Constitutional Court unanimously upheld President Yoon Suk Yeol's impeachment over his December martial law declaration, removing him from office and triggering elections within 60 days. Yoon expressed regret in his first statement following the decision.

04.04.2025

01:05Dow Jones Plunges 1600 Points On Tariff Fears

The newspapers report on a dramatic stock market reaction to Trump's tariffs, with the Dow Jones suffering a massive plunge of over 1,600 points at one point (Nikkei Shimbun, Yahoo News Japan). This market turmoil comes amid growing concerns about how the tariffs will impact economic conditions and corporate performance. These developments follow earlier reporting on Japan's promised "bold and speedy" response to Trump's 24% tariffs (Japan Times) and analysis of how these "Liberation Day" tariffs affect various Asian economies (Nikkei Asia).

06:19Market Loses ¥500 Trillion On Trump Tariffs

The newspapers report on severe market reactions to Trump's tariffs, with Japanese and global stocks losing ¥500 trillion in value, the biggest shock since COVID-19 (Nikkei Shimbun). New York stocks experienced a significant drop, falling over 1,500 points at one point (Yahoo News Japan). Meanwhile, Vietnam is implementing urgent state restructuring to boost economic growth (Nikkei Asia), and a Japanese business publication reveals the lucrative nature of aesthetic clinics, with some private practices earning ¥10 million monthly (Japan Business Press).
07:51
09:43

09:44Japan's Growth Faces 2% Trump Tariff Hit

The newspapers report on the economic impact of Trump's tariffs on Japan, with analysis suggesting they could reduce Japan's economic growth by up to 2% (Kyodo News). This follows earlier reporting on market reactions where Japanese and global stocks lost ¥500 trillion in value (Nikkei Shimbun). The Japanese government and ruling parties are now considering economic countermeasures (Yahoo News Japan). Meanwhile, Vietnam is implementing urgent state restructuring efforts to boost its own economic growth under leader To Lam (Nikkei Asia).
11:25
【ソウル=小林恵理香】韓国憲法裁判所は4日、尹錫悦(ユン・ソンニョル)大統領を罷免する決定を言い渡した。尹氏は即時失職する。60日以内に大統領選を実施する。 【関連記事】 尹氏は2024年12月3日夜に「非常戒厳」を宣言した。国会で多数を握る野党が行政をまひさせていると訴え「北朝鮮の共産勢力の脅威から韓国を守り、従北反国家勢力を一挙に撲滅する」などと主張した。 軍と警察が国会を封鎖し、軍の部隊が国…
11:25

11:27South Korean President Removed By Constitutional Court

The newspapers report on a major political development in South Korea, where the Constitutional Court has removed President Yoon Suk Yeol from office, requiring a new presidential election within 60 days (Nikkei Shimbun). This follows Yoon's December 2023 declaration of martial law, claiming opposition parties were paralyzing administration and alleging North Korean communist threats. Meanwhile, Trump's tariff policies continue to dominate economic discussions, with reports suggesting he remains confident these measures will boost economic prosperity (Yahoo News Japan, Kyodo News).
11:34
11:59
12:16

12:18South Korean President Ousted By Unanimous Court Decision

The newspapers report on a major political shift in South Korea, where the Constitutional Court has unanimously upheld President Yoon Suk Yeol's impeachment, removing him from office (Huffington Post Japan, Japan Times, Nikkei Asia, Yahoo News Japan, Nikkei Shimbun). This development follows Yoon's controversial declaration of martial law in December 2023. A snap presidential election must now be held within 60 days, by June (Japan Times, Nikkei Asia, Nikkei Shimbun). Background reporting indicates military and police forces had previously surrounded the National Assembly amid allegations of North Korean communist threats.
14:33

14:34Global Markets Lose $3.5 Trillion As Asian Stocks Plummet

The newspapers report on a severe global market downturn, with Asian stocks continuing to fall after Japan, Europe, and the US lost $3.5 trillion in value (Nikkei Asia). Tokyo stocks have plunged over 1,400 points (Yahoo News Japan), with the Nikkei down 4% again as Japan's central bank governor warns about the negative impact of tariffs on economies (Nikkei Asia). Analysis suggests Trump's "Liberation Day" tariffs have become a "market collapse day" (Japan Business Press). Meanwhile, South Korea's political crisis continues with President Yoon Suk Yeol being officially removed from office (Nikkei Shimbun, Huffington Post Japan).
15:59

16:28Ousted Korean President Expresses Regret

The newspapers report on the continuing impact of Trump's tariffs, which are upending plans by Apple and Nvidia suppliers who had shifted production out of China, with these alternative manufacturing countries now being hit hard by the new policies (Nikkei Asia). In South Korean politics, President Yoon Suk Yeol, who was officially removed from office by the Constitutional Court, has expressed regret and apologized for the situation (Yahoo News Japan). This follows his impeachment over the controversial declaration of martial law (Huffington Post Japan, Japan Times, Nikkei Shimbun).
17:16

19:46China Retaliates With 34% US Import Tariffs

The newspapers report on three major developments: Japan's response to Trump's tariffs, described as a "national crisis" requiring deep economic adjustments (Japan Times); South Korean President Yoon Suk Yeol's official removal from office by the Constitutional Court over his December martial law declaration (Kyodo News, Huffington Post Japan, Nikkei Shimbun); and China imposing 34% tariffs on U.S. imports as retaliation (Yahoo News Japan). Market reactions remain severe, with Trump's "Liberation Day" tariffs causing significant financial market pressure (Japan Business Press, Nikkei Asia).
19:53
中国周辺の地域に生産拠点を分散する「チャイナ・プラス・ワン」戦略を進めてきた日本の製造業に転機が訪れた。トランプ米大統領が発表した相互関税が、ベトナムやタイなど東南アジアの国々に高い税率を課す内容だったためだ。自由貿易を前提とする立地戦略に誤算を生じさせている。 カシオ計算機はタイ工場で電卓や時計、中国工場では楽器や時計を生産し、米国などに出荷している。これまでは拠点分散によってサプライチェーン…
19:53
19:53

22:20China's 34% Tariff Unravels Japanese Supply Chain Strategy

The newspapers report on escalating US-China trade tensions, with China retaliating against Trump's tariffs with a 34% tit-for-tat tariff and blacklisting more US companies (Nikkei Asia). This trade war has pushed the yen to 144 against the dollar (Yahoo News Japan) and disrupted Japanese manufacturers' "China+1" supply chain strategy. Companies that diversified production to Southeast Asia now face unexpected high tariffs on those regions too, undermining their trade strategy (Nikkei Shimbun). Meanwhile, South Korea's Constitutional Court has officially ousted President Yoon (Huffington Post Japan, Kyodo News).
22:52
【ニューヨーク=竹内弘文】4日の米株式市場でダウ工業株30種平均が一時前日比1200ドル超下げ、取引時間中としては2024年9月以来、約7カ月ぶりに節目の4万ドルを下回る場面があった。トランプ米政権の相互関税に中国は報復関税で対抗。貿易戦争の激化に市場参加者はリスク回避を強め、相場の下げ止まりがみえない。 ダウ平均は前日3日にも1679ドル安と急落したばかり。2日のトランプ大統領による相互関税の…
22:52
23:10
23:53
【ニューヨーク=竹内弘文】4日の米株式市場でダウ工業株30種平均が一時前日比1600ドル超下げ、取引時間中としては2024年9月以来、約7カ月ぶりに節目の4万ドルを下回る場面があった。トランプ米政権の相互関税に中国は報復関税で対抗。貿易戦争の激化に市場参加者はリスク回避を強め、相場の下げ止まりがみえない。 ダウ平均は前日3日にも1679ドル安と急落したばかり。2日のトランプ大統領による相互関税の…
23:53