Shares retreated Friday in Asia, with benchmarks in Japan, Hong Kong and South Korea falling more than 2% after Wall Street indexes fell sharply on doubts over the frenzy around artificial-intelligence technology. US President Donald Trump’s decision to push ahead with 25% tariffs on imports from Mexico and Canada and to double tariffs on Chinese products to 20% also left investors reeling.
Japan’s Nikkei 225 falls as markets in Asia hit by AI doubts and Trump tariff hike fears
Shares retreated Friday in Asia, with benchmarks in Japan, Hong Kong and South Korea falling more than 2% after Wall Street indexes fell sharply on doubts over the frenzy around artificial-intelligence technology. US President Donald Trump’s decision to push ahead with 25% tariffs on imports from Mexico and Canada and to double tariffs on Chinese products to 20% also left investors reeling.