Having already dealt a heavy blow to global stock markets, fear over the downsides of U.S. tariff policies has left investors expecting the worst as President Donald Trump’s trade war roils economies worldwide and creates short- and long-term uncertainty.
The benchmark Nikkei index slid 2.75 percent to 33,780.58 on Friday from the previous day as the market tried to get a grip on Trump’s “reciprocal” tariff announcement, its design and its implications for companies with international operations.
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