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Japan's Nikkei Down 5% On Continued Tariff Worries

  • Japan's Nikkei fell more than 5% due to ongoing trade war concerns, eventually closing 3% lower at 33,585.58.
  • China announced it would raise tariffs on U.S. Goods to 125%, mirroring the U.S. Tariffs imposed weeks earlier.
  • Investors view Trump's 90-day delay for higher tariffs as a temporary measure, with Stephen Innes stating it's a market reaction to uncertainty.
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Global shares wobble as US-China trade war escalates

Global shares have wobbled after the latest escalation in the China-U.S. trade war, with Japan and some European markets slipping while others stood firm. The dollar slipped against the Japanese yen and the euro, while U.S. futures gained. Tokyo's benchmark…

·Cherokee County, United States
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asianews.it broke the news in on Thursday, April 10, 2025.
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