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Live from NPR News in Washington, I'm Corva Coleman.
Investors on Wall Street and around the world are frightened about the chances for a long global trade war.
It's been triggered by President Trump's sweeping tariffs and China's retaliation.
NPR's John Browich says last week's huge losses on Wall Street moved to Asia today.
Some of the biggest market moves were in greater China.
Traders were getting their first chance to react to retaliatory measures announced by the Chinese government after markets here were closed on Friday.
In Hong Kong, the Hang Seng Index plunged more than 13%.
Its biggest one-day fall since 1997, according to Reuters.
Key indexes in mainland China ended the trading day off between about 7% and 10%.
And stocks in Taiwan had their biggest one-day drop ever, with the composite index slumping 9.7%.
From Australia to Thailand, markets across the region were rocked by sell-offs.
Japan's benchmark Nikkei Index fell nearly 8%, and South Korea's KOSPI, which tracks large companies, sank 5.5%.
John Browich, NPR News, Beijing.