Global stock markets are experiencing significant declines as investors react to the looming threat of new tariffs from Donald Trump. The Japanese Nikkei index has seen a sharp drop of over 4%, leading losses in Asian markets. These tariff worries have left many investors jittery, causing a notable slide in Asian shares and contributing to a sell-off in global markets. Wall Street has also faced pressure, with major stocks, including those in the tech sector, experiencing declines. Amid these concerns, bond prices have rallied as investors seek safer assets. The uncertainty around tariffs, particularly those impacting the automotive sector, continues to weigh heavily on market sentiment.