Chinese Imports: Points and Yen Uncertainties

chinese imports: It gained 20.55 points the previous day, according to The Japan Times. The market started lower, battered by a stronger yen and uncertainties over the future of the U.S.-China trade friction, fueled by a hawkish statement by U.S. President Donald Trump, brokers said. The 225-issue Nikkei average rose 69.86 points, or 0.33 percent, to end at 21,204.28, after surging 249.71 points on Monday. ; The Topix index of all first-section issues finished up 8.38 points, or 0.54 percent, at 1,561.32. In an interview with CNBC on Monday, Trump warned that the United States will impose tariffs worth 300 billion on Chinese imports if Chinese President Xi Jinping does not agree to a bilateral summit with Trump during a Group of 20 summit in Osaka later this month. While the market turned sluggish in the afternoon amid the dearth of fresh trading incentives, it remained in the plus side for the remainder of the session. The market gradually cut losses and popped into positive territory later in the morning, partly thanks to buying on dips, the yen's downturn and higher Shanghai stocks, brokers said. (news.financializer.com). As reported in the news.