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The Independent UK
The Independent UK
National
Elaine Kurtenbach

Asian shares deepen losses after another Wall St retreat as tariffs due to take effect

Financial Markets Wall Street - (Copyright 2025 The Associated Press. All rights reserved.)

Asian shares sank again on Wednesday as the latest set of U.S. tariffs, including a massive 104% levy on Chinese imports, was due to take effect.

Japan’s Nikkei 225 index initially lost nearly 4% and markets in South Korea, New Zealand and Australia also declined.

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