US EditionJapan's Nikkei tumbles more than 4% on Trump's tariffs
- Japan's Trade Minister Yoji Muto stated that the country is keeping all options open in response to U.S. President Donald Trump's new tariffs, which he labeled as "extremely regrettable".
- The Nikkei share average fell as much as 4.6%, hitting a low not seen since August 7 due to Trump's announcement of a 24% tariff on Japanese goods.
- Japan is concerned about whether Trump's tariffs comply with World Trade Organization regulations, as Muto emphasized the need for a careful yet bold response.
- Stocks in the Tokyo Stock Exchange declined, particularly in the banking sector, with significant losses among automakers and chip manufacturers due to the impending tariffs.
38 Articles
38 Articles
This could be the largest US tax rise in half a century
Across the world, markets are plunging as they respond to the global tariffs Donald Trump unleashed from the White House rose garden last night – with the president’s top economist describing the falls as ‘short-term bumps’. The pound passed $1.30 for the first time in six months while stocks in Tokyo fell 4 per cent.
BTC Nears Death Cross, CNY Tumbles with Asian Markets After Trump Tariffs Put Focus on China's Response
It's a risk-off day in Asia as traders look to Beijing's response to U.S. President Donald Trump's sweeping reciprocal tariffs on China and other Asian nations.On Wednesday, Trump announced reciprocal tariffs on imports from 180 nations, including higher taxes on trading partners identified as worst offenders, such as China and the European Union.Trump imposed a new 34% tariff on goods from China in addition to the existing 20% tax, bringing the…
Channel News Asia
Bangkok PostJapan's Nikkei plunges to 8-month low on Trump's tariff shock
TOKYO :Japan's Nikkei share average slumped to an eight-month low on Thursday after U.S. President Donald Trump revealed a broad set of reciprocal tariffs, including a 24 per cent levy on Japanese goods.The Nikkei fell as much as 4.6 per cent in early trading, dropping to 34,102.00 for the first time since Au
Coverage Details
Bias Distribution
- 38% of the sources are Center, 38% of the sources lean Right
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage
