Selloff in Asia markets and US futures deepen as Trump's tariffs kick in

Losses in Asian shares are deepening after US President Donald Trump's sweeping tariffs came into effected on Wednesday. Here's where major Asia indexes stand: Japan's Nikkei 225: -5% at 1:28 p.m. local time• South Korea's Kospi: -1.7% at 1:39 p.m.• Hang Seng Index: -1.6% at 12:40 p.m. US futures are …