Japanese Shares Jump on Trade Deal Optimism
On Tuesday, the Nikkei 225 Index surged by 6% to approximately 33,000, while the broader Topix Index climbed 3.5% to 2,370. This recovery offset losses from the previous session, following an announcement by US President Donald Trump regarding his agreement to initiate trade talks with Japanese officials after a conversation with Prime Minister Shigeru Ishiba. Despite this positive development, market volatility is anticipated to remain elevated as President Trump indicated the possibility of imposing an additional 50% tariff on Chinese goods if Beijing fails to remove its duties on US imports.
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