TOKYO -- Japanese stocks tanked over 3% at one point on Friday as U.S. President Donald Trump flagged an additional tariff on imported goods from China, spurring risk-off trades among investors.
The country's benchmark Nikkei Stock Average dropped 3.7% from the previous day's closing to 36,840.12 at one point, the largest intraday low since Sept. 19, 2024, when the market was still having a tough time taming volatility from a rout in August. The average closed at 37,155.50, down 2.9%.
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