Asian stocks slump, dollar towers as Trump tariff threat roils markets

Equity markets in Asia plunged as concerns over a potential global trade war heightened, with technology shares hit hard, including Nvidia. The U.S. dollar strengthened, affecting commodities. The yen and Swiss franc gained, while U.S. Treasury yields dropped. Investors braced for economic impact from new U.S. tariffs, and Bitcoin and gold prices dipped.