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    Home - Finance & Investment - Live news: Japan stocks rebound after US says it would start tariff talks
    Finance & Investment

    Live news: Japan stocks rebound after US says it would start tariff talks

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    Live news: Japan stocks rebound after US says it would start tariff talks
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    Japanese stocks rebounded at the open on Tuesday in the wake of Monday’s historic sell-off after the US said would start trade negotiations with Asia’s second-largest economy.

    The country’s Topix benchmark rose 5.5 per cent in early trading while the futures of the exporter-oriented Nikkei 225 were up over 5 per cent.

    On Monday the Topix plummeted 7.8 per cent after a weekend during which the Trump administration gave no indication of backing down from its sweeping new tariff regime.

    But on Monday afternoon, US Treasury secretary Scott Bessent said in a post on X that he had been asked by President Donald Trump to open negotiations with Japanese Prime Minister Shigeru Ishiba and his cabinet.

    “Japan remains among America’s closest allies, and I look forward to our upcoming productive engagement,” Bessent wrote.

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