Asia-Pacific markets experienced a downturn Friday, following Wall Street's overnight sell-off fueled by escalating US-China trade war tensions. Despite a 90-day reprieve on some tariffs announced by President Trump, uncertainty persists, impacting investor confidence. The cumulative tariff rate on Chinese goods could reach 145%, according to the White House. US stock futures showed slight increases Friday morning, suggesting a potential market rebound, although major averages closed lower overnight, reversing some of the previous session's gains.

Prepared by Christopher Adams and reviewed by editorial team.