US President Donald Trump has ordered tariffs on Canada, Mexico, and China, that will start on Tuesday. Investors fear that the tariffs will increase inflation and slow Federal Reserve rate cuts. Markets in Asia and US futures fell on Monday, while the dollar ticked up.

Asia shares are mostly declining as worries grow about President Donald Trump imposing tariffs on key U.S. trading partners

Shares of Japanese and South Korean car makers and their suppliers led declines in Asia on Monday, as exporters across the region were walloped by U.S. President Donald Trump's introduction of sweeping tariffs on Mexico,

Asian stocks reliant on exports, ranging from Japanese carmakers to Chinese e-commerce firms, nosedived after US President Donald Trump unleashed his first wave of tariffs, signaling the beginning of a new round of global trade war.

U.S. stock futures were down ahead of those markets opening Monday. Trump on Saturday announced the 25% tariffs on Canadian and Mexican goods, and a 10% tariff on Chinese goods. Canada and Mexico have announced their own tariffs on U.

Asia's factory activity weakened in January as soft Chinese demand and threats of higher tariffs by U.S. President Donald Trump weighed on business sentiment, private surveys showed on Monday, darkening the outlook for the region's economy.

Asian stocks plunge as Trump’s tariffs spook markets Stock markets in Asia dropped on Monday after US tariffs on China, Canada and Mexico triggered fears of a hit to global growth. Japan's Nikkei index tumbled as much as 2.