NEW YORK -- U.S. stock indexes and the dollar fell sharply on Friday after President Donald Trump said he was considering a "massive increase" in tariffs on Chinese goods, citing Beijing's restrictions on rare-earth minerals.
Currencies
Yen spikes after Trump threatens higher China tariffs
US stock indexes fall sharply as president says 'no reason to meet with Xi'
The Japanese currency surged against U.S. dollar following President Donald Trump's comment threatening to increase tariffs on Chinese goods. (Photo by Akira Kodaka)
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