Chinese Goods: Percent and Points

chinese goods: On Tuesday, the key market gauge tumbled 335.01 points. ; The TOPIX index of all first-section issues was down 27.51 points, or 1.72 percent, at 1,572.33, after losing 18.09 points the previous day, according to The Japan Times. The market opened sharply lower, tracking a Wall Street tumble Tuesday that came after U.S. Trade Representative Robert Lighthizer reaffirmed plans to raise tariffs on Chinese goods worth 200 billion from 10 percent to 25 percent. The 225-issue Nikkei average dived 321.13 points, or 1.46 percent, to end at 21,602.59, a level unseen since April 2 on a closing basis. In his Twitter posting on Sunday, U.S. President Donald Trump threatened to impose the additional tariffs. The United States and China are expected to resume their ministerial-level trade talks in Washington on Thursday, the day before the proposed tariff hike. Both Nikkei and TOPIX stayed deep in negative territory for the rest of the session, also pressured by the yen's strengthening against the dollar, brokers said. (news.financializer.com). As reported in the news.

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