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The Independent UK
The Independent UK
National
Teresa Cerojano

Asian shares are mostly lower, while Tokyo's Nikkei jumps 2%

South Korea Financial Markets - (Copyright 2025 The Associated Press. All rights reserved.)

Asian shares were mostly lower Friday while Tokyo’s benchmark jumped more than 2% after Japanese officials said they had resolved questions over the tariff that will apply to exports to the U.S.

The new U.S. tariffs on Japanese goods that took effect Thursday did not match an agreement between Washington and Tokyo on a 15% level, and Japan’s main trade envoy said the U.S. side had agreed to correct the problem.

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