Asian stock markets dropped because the US is putting tariffs on other countries. This means they're taxing things that come into the US from Canada, China, and Mexico. The stock markets in Hong Kong, Japan, and South Korea all fell about 2 percent. This is because companies might sell less stuff and make less money. The US is putting a 25 percent tax on things from Canada and Mexico, and a 10 percent tax on things from China. This could make it harder for big companies that sell things globally. Car companies like Toyota and Nissan might have trouble because they make cars in Mexico to sell in the US. Other tech companies in Taiwan might also have problems. The US might also have some problems because other countries might raise their prices too. Canada is putting a 25 percent tax on US imports, and Mexico is also going to tax things from the US. Some countries in Europe might also get taxed soon. President Trump says these tariffs will help American jobs and businesses. He says it might hurt a little in the short term, but it will be good in the long run. But some experts say it could cause problems for everyone. Stock markets in the US fell when they heard about the tariffs. Overall, the situation is complicated for everyone involved, and it's hard to know what will happen next. Countries around the world are trying to figure out how to deal with these new taxes.