Asia-Pacific stocks plummeted across the board and oil prices took a nosedive, analysts say it is due to market reaction to tariff negotiation sentiments.

Suddenly, most investment products are falling. Today, the Asia-Pacific market saw Chinese and Taiwanese stock indices drop by over 1.2% at the close, and the Australian stock index also ended its continuous rise, falling by nearly 1%. American stock indices are also falling across the board, with Nasdaq futures falling by nearly 1% at the time of writing. International oil prices are also plummeting, with Brent crude oil July futures dropping by 4% in early trading on Monday, falling to $58.5 per barrel. Virtual currencies are also almost universally weakening. So what exactly is happening? Analysts believe that, on the one hand, the recent market rebound is not due to any changes in fundamentals, quite the opposite, it is a reaction to market sentiment on tariff negotiations. In fact, as tariff levels are unlikely to return to previous levels, the short-term economic fundamentals are also in question. On the other hand, Trump's uncertainty continues to increase, as today he authorized additional tariffs on movies. The difficulty of tariff negotiations between the US and Japan is also evident. At the same time, Trump also stated that he can accept a "temporary recession" in the US economy. Trump believes that the US will eventually perform very well.