ASIAN STOCKS PLUNGE AMID GLOBAL TRADE WAR FEARS AND U.S. RECESSION WORRIES

Asian stocks took a significant hit following a sharp sell-off on Wall Street, as investors grew increasingly anxious about the potential for a global trade war triggered by Washington. Additionally, mounting signs that the U.S. could be heading toward a recession are fueling uncertainty across global markets. The economic turbulence is creating a jittery atmosphere, with traders seeking safer investments.