Trump's Tariff Threats Trigger Asian Stock Market Crash, Global Sell-off

• Asian stock markets, including Japan's Nikkei 225 and South Korea's Kospi, declined following Wall Street's heavy sell-off.
• US President Donald Trump threatened new tariffs on countries opposing Greenland's transfer to the US, escalating diplomatic tensions.
• Trump also threatened 200% tariffs on French wine and champagne and criticized the UK over the Chagos Archipelago.
• European leaders deemed Trump's tariff threats 'unacceptable' and are considering retaliatory measures, with France pushing for the Anti-Coercion Instrument.
• Wall Street experienced its worst session in three months, with Dow Jones, S&P 500, and Nasdaq Composite all closing significantly lower.

Why It Matters: Trump's tariff threats and diplomatic rhetoric caused a widespread stock market crash and global sell-off.