Asian Markets Plunge as Trump's Global Tariff Turmoil Deepens

Hong Kong (CNN) — Asian markets plunged on Monday, deepening a global stocks rout triggered by US President Donald Trump's trade war and China's forceful response to unexpectedly high tariffs.

Japan's benchmark Nikkei fell by more than 8% shortly after opening, while the broader Topix index last traded more than 6.5% lower after recovering from its steepest losses.

In mainland China, where markets reopened after a public holiday, the Shanghai Composite Index was last trading 6.7% lower. The blue-chip CSI300 index lost 7.5%. In Hong Kong, the benchmark Hang Seng index...

PODCAST: "Agri-Food for Thought" Ep. 27 - VIV Asia, a Mirror of APAC Market Sentiment?

Expana presents Agri-Food for Thought, the podcast series for agriculture and food professionals.

On today's episode of Agri-Food for Thought, we discuss market sentiment picked up at VIV Asia 2025, a leading trade show for the feed-to-food industry in Asia. Held from March 12-14 in Bangkok, the event drew top agri-food industry leaders, innovators, and key decision-makers from around the world. It was a showcase for innovation in animal protein production, processing, and...

ANALYSIS: Korea Poised for Early Activation of Safeguard Mechanism on Australian Beef Amid US Supply

Australian beef imports into Korea could face a tariff rate increase of 24.0% as the Special Agricultural Safeguard (SSG) mechanism is expected to activate earlier than in previous years. Korea's increasing reliance on Australian beef amid dwindling US supply has long suggested an earlier activation of the safeguard tariffs. 

Under the Korea-Australia Free Trade Agreement (KAFTA), the safeguard volume for this year is set at 188,437 metric tonnes (mt). Any imports exceeding this safeguard volume limit in 2024 will incur a tariff rate of 24.0%...

ANALYSIS: China Set to Trigger Safeguard Mechanism on Australian Beef Imports for the 5th Time

Australian beef imports into China may soon face a 12.0% Most-Favoured Nation (MFN) tariff rate, as the Special Agricultural Safeguard (SSG) mechanism is set to trigger for the fifth time.

Following previous activations in 2018, 2019, 2020, and 2023, this tariff applies for the remainer of the year if imports from Australia exceed 178,418 mt in 2024.

Based on the data from the General Administration of Customs of the People's Republic of China, imports from Australia at the end of July...