Asian stocks tracked another overnight plunge in Wall Street's benchmarks with the markets in China, Japan and South Korea all posting heavy losses.
Most Asian markets fell on Monday as fresh Chinese and US tariffs on goods worth hundreds of billions of dollars kicked in.
Coming on the heels of the US-China trade war, US President Donald Trump's threats against Mexico have intensified fears for the global economy, hurting oil prices and lowering overall growth forecasts.
Wall Street hit record highs pegged on the current North American Free Trade Agreement (NAFTA) negotiations which could lead to a further easing of global trade tensions.
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