Japan stocks see longest foreign sell-off in 3 years as US tariffs weigh
U.S. President Trump announced a higher-than-expected 24%
tariff on Japanese goods on Wednesday, while a previously
imposed 25% tariff on auto imports will take effect as planned
on
Foreigners sold Japanese stocks worth
In the nine straight weeks of net selling that began on
The Nikkei tumbled as much as 4.6% to an eight-month low of 34,102.00 on the day, with analysts warning of further pressure as a stronger yen, driven by safe-haven demand, threatened to weigh on exports.
Foreign investors also ditched Japanese bonds in the week
ended
Meanwhile, Japanese investors net bought foreign stocks
worth
However, they sold foreign debt, for the second successive
week, worth about
(Reporting by
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