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03 Apr 2025
Japan's Nikkei plunges to 8-month low on Trump's tariff shock
Summary: Japan’s Nikkei share average fell to an eight-month low following U.S. President Trump’s announcement of reciprocal tariffs, including a 24% levy on Japanese goods. The Nikkei dropped by 4.6% in early trading, with banks, automakers, and chip-sector heavyweights experiencing significant sell-offs.