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Nikkei plunges as Asian markets brace for further tariff fallout; Trump says ‘sometimes you have to take medicine’ – business live

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Japan’s Nikkei plunges more than 7% on Trump tariff concerns after almost $5tn was wiped off the value of global stock markets last week

The Nikkei 225 stock index has now dived nearly 8% after the Wall Street meltdown over Donald Trump’s tariffs.

Japan’s benchmark stock index sank 7.8% to lows last seen in late 2023.

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