New Delhi, March 31 -- Several Asian stock markets suffered massive losses during Monday's trading session after US President Donald Trump indicated that there may be no country-specific exclusions from his tariff measures, fueling concerns of a major global trade war.

Japan's Nikkei crashed over 4 per cent, while Korea's Kospi plunged over 3 per cent during the session on March 31.

On Friday, Nasdaq crashed 2.70 per cent and S&P 500 dropped 1.97 per cent. On Monday, Dow Jones Futures fell about half a per cent.

Indian stock market is closed today to celebrate Eid-ul-Fitr.

The biggest concern weighing on global stock markets is the mounting fear of a deeper economic fallout from Trump's aggressive tariff policies.

While there is unce...