Asian stocks fell sharply as a market selloff extended on mounting worries that a wide-ranging trade war could dent U.S. economic growth and lead to a recession. Fears of an economic downturn have driven a stock market selloff that wiped out $4 trillion from the S&P 500's peak last month. What does this mean for the broader economy? What should investors be watching in the days ahead?

Yeap Jun Rong, Market Strategist at IG, shares his views, unpacking the impact of the U.S. market turmoil, and the spillover effects on Asia.