Japan’s Nikkei 225 has fallen by more than 2.5% amid the negative reaction of Asia markets to the tariff developments. The Taiwan stock market fell 3.5%, with the country’s semiconductor heavyweight TSMC off by 6%. Meanwhile, the Cac and Dax benchmarks in Paris and Frankfurt are seen falling by more than 2% amid the prospect of EU tariffs.
FTSE 100 Live 03 February: Dollar surges on Trump tariffs, index set for big fall
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