00:00Asian stock markets took a sharp hit after U.S. President Donald Trump announced blanket
00:05tariffs.
00:06Japan's market led the slide, with the Nikkei index dropping more than 2 percent early on
00:11Friday.
00:12It's on track for its biggest weekly loss since March 2020, down around 9 percent for
00:17the week.
00:18Markets in South Korea, Australia and India all fell.
00:21Meanwhile, stock exchanges in Taiwan, Hong Kong and mainland China are closed for the
00:26tomb-sweeping holiday.
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