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Nikkei index falls to eight-month low amid Trump tariff announcement
Japan’s Nikkei share average plummeted to an eight-month low on April 3, following President Trump's announcement of new tariffs, including a 24% levy on Japanese goods. The index fell as much as 4.6% in early trading, with banks and exporters, particularly automakers, facing significant pressure. Analysts predict continued market volatility as Japanese officials explore options in response to the tariff impact.