Tokyo bag loses more than 3% after increasing tariffs to China • Markets • Forbes Mexico

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Tokyo (EFE) .- The main index of the Tokyo Stock Exchange, the Nikkei, opened the session on Wednesday with a fall greater than 3%, after the United States’s decision to re-increase tariffs on Chinese imports up to 104%.

After the first 10 minutes of negotiation, the Nikkei, which groups the 225 most representative titles of the market, fell 3.18% to 31,962.33 integers.

The broader selective Topix, which includes the signatures of the main section, the largest capitalization, lost 3.04% to 2,358.20 units.

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The Japanese square was dragged by the losses noted on Wall Street after the decision of the administration of President Donald Trump to raise tariffs to China to a total of 104 % from the US midnight for the retaliation of Beijing to his tariff increases.

Tokyo’s bag closed the previous day with a 6% advance of the Nikkei, encouraged by negotiations between Washington and its commercial partners, which also motivated a green opening in New York, but the mood among investors was deflated after the last developments around Beijing.

Investors in Tokyo would also have adopted a cautious posture for the entry into force in the next hours of the 24% tax imposed by the US to Japanese imports within the framework of what it considers ‘reciprocal’ tariffs.

The 10 most negotiated values ​​in the opening in Tokyo scored losses, including the two largest Japanese banks, Mitsubishi UFJ and Mitsui Summit, which fell around 4% and 5%, respectively.

Among the best -selling actions were also those of some of the values ​​of greater local capitalization, such as the automobile manufacturer Toyota, which lost more than 2%, the technological multinational and sony entertainment, which fell about%, and the developer and distributor of Nintendo video games, which receded around 1%.

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