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International Business Times
International Business Times
Business

Asian Markets Track Wall St Selloff As Trump-fuelled Economy Fears Build

Donald Trump Economy Asia United States Bitcoin
The selloff in markets has also seen bitcoin sink back below $80,000 and to its lowest level in four months, having hit a record near $110,000 in January (Credit: AFP)

Asian markets tumbled Tuesday following a sharp sell-off on Wall Street fuelled by fears about the US economy as Donald Trump presses ahead with his global trade war and federal jobs cuts.

Traders had initially welcomed his election on optimism that his promised tax cuts and deregulation would boost the world's top economy and help equities push to more record highs.

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