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Asian stocks plummet as fears of stagflation and Trump's tariffs unsettle markets.
Asian shares dropped sharply on Monday, with Tokyo's Nikkei 225 falling over 4%, following a steep decline on Wall Street.
Concerns over a potential mix of worsening inflation and a slowing U.S. economy, driven by trade war fears, are causing households to hold back on spending.
This economic uncertainty has led to declines in major regional markets and raised concerns about the possibility of stagflation.
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