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Trump’s latest tariff proposal rips through Asian stock markets


TOKYO — U.S. President-elect Donald Trump’s latest proposal to impose a 25% tariff on all products from Mexico and Canada and an additional 10% tariff on goods from China caused stock market jitters in Asia.

In Japan, the benchmark Nikkei Stock Average fell to 38,020.08 at one point on Tuesday, down 760.06, or 1.96%, from the previous day’s closing. Carmakers and exporters led the fall. The average ended the trading session down 0.9%.



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