Many investors in Tokyo placed sell orders on Monday after President Donald Trump's announcement of sweeping new tariffs on imports to the US sparked concerns about the global economy.
Starting Tuesday, the US will impose 25 percent levies on imports from Canada and Mexico, and an additional 10 percent tariff on Chinese goods.
The benchmark Nikkei 225 ended the day at 38,520, down 1,052 points or 2.66 percent. This is the first time in about three months the index has finished with a drop of more than 1,000 points.
Starting Tuesday, the US will impose 25 percent levies on imports from Canada and Mexico, and an additional 10 percent tariff on Chinese goods.
The benchmark Nikkei 225 ended the day at 38,520, down 1,052 points or 2.66 percent. This is the first time in about three months the index has finished with a drop of more than 1,000 points.
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Summary
Investors in Tokyo sell orders increased due to President Trump's announcement of new tariffs affecting imports to the US, causing global economy concerns. Effective Tuesday, the US will impose 25% levies on Canada and Mexico imports, along with a 10% tariff on Chinese goods. The Nikkei 225 index
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ID: 747774f8-734c-466c-b1e2-8fd2ee2e375b
Category ID: nhk
URL: https://www3.nhk.or.jp/nhkworld/en/news/20250203_B07/
Created: 2025/02/04 07:00
Updated: 2025/12/08 06:34
Last Read: 2025/02/04 07:54