Nikkei Plummets Amid Trump's Tariff Shock

• The Nikkei share average hit an eight-month low after Trump's announcement of a 24% tariff on Japanese goods.
• Early trading saw the Nikkei fall by 4.6%, with a slight recovery to a 3% loss by midday.
• Banks and chip-sector heavyweights were among the worst performers, with significant declines in their stock prices.
• The broader Topix index also experienced a sharp drop, losing as much as 4.3% before recovering slightly.
• Japanese Trade Minister Yoji Muto indicated that various options are being considered in response to the tariffs.

Source: Channel Newsasia, Channel Newsasia