Asia's stock markets opened the new week with a big drop on Monday. The decline continued on Thursday and Friday after US President Donald Trump announced retaliatory tariffs; along with a drop in fuel prices.

BBC news reported that Japan's Nikkei 225 index fell 6.3 percent this morning; Hong Kong's Hang Seng index fell 9.8 percent. Along with this, UK banks HSBC and Standard Chartered, which are listed on the Hong Kong stock market, also fell.

Share prices also fell in Taiwan and Singapore, down about 10 percent in Taiwan and about 8.5 percent in Singapore.

At the same time, oil prices have also fallen in the global market. The price of WTI crude has fallen to around $60 per barrel and the price of Brent crude oil has fallen to $63 per barrel.

Meanwhile, the stock market futures index on Wall Street in the United States has also fallen significantly. This means that the index will see a major decline after trading resumes there today.

Trump's counter-tariffs will take effect at midnight on April 9, although the Americans themselves have taken to the streets against Trump. In this situation, when the whole world is criticizing Trump's tariff policy, the US president is not upset, ignoring the fall in stock indices, his answer is, 'The medicine is working.'

Trump does not want to take responsibility for the turbulent situation in the stock market. In response to a question about it on Sunday (US local time), he said, "I can't say what will happen to the stock market; but our country is very strong."

Trump said he is not controlling the stock market and does not want to. In his words, "I don't want any stock market in the world to crash, any damage to anyone. But the thing is, sometimes you have to give medicine to fix some things; that's what I did."

In this context, Trump once again pointed his finger at the former Joe Biden administration. He said, 'For so many years, other countries have treated us very badly. Our stupid leadership has allowed them to do that.' His one word: 'I will make America "great" again.'

On April 2, Trump imposed a 10 percent baseline or minimum tariff on goods from almost all countries in the world. He also imposed tariffs on 60 countries in the world that he said had treated the United States the worst; Bangladesh is on that list. According to them, the United States has imposed tariffs on them at exactly half the rate of the countries it is imposing tariffs on.