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Markets

Asian stocks plummet as Trump steps up China trade war

Nikkei index drops 500 points while regional benchmarks fall across board

A screen shows the Nikkei average plunging on Aug. 2. (Photo by Kai Fujii)
Nikkei staff writers | Japan

TOKYO -- Stock markets across Asia tumbled in early trading on Friday after U.S. President Donald Trump announced a fourth round of tariffs on Chinese goods.

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