TOKYO, March 4 (Reuters) - Japan's Nikkei share average
fell more than 1% in early trade on Tuesday, dragged by
overnight Wall Street declines and a stronger yen, with U.S.
tariffs on Canada and Mexico to take effect as planned later in
the day.
The Nikkei dropped 1.3% to 37,287.73, as of 0015
GMT, while the broader Topix was down 0.6%.
Wall Street's main stock indexes closed sharply lower on
Monday after U.S. President Donald Trump announced the start of
25% tariffs on Canada and Mexico from Tuesday, with the S&P 500
posting its biggest daily decline since December 18.
Trump also reaffirmed that he will increase tariffs on all
Chinese imports to 20% from the previous 10% levy.
Meanwhile, the yen appreciated against the U.S. dollar as
the greenback slid, knocking down exporters shares and further
dragging investor sentiment.
The Nikkei's biggest decliners were Furukawa Electric
Ltd, down 8.9%, followed by Advantest Corp ( ADTTF )
losing 7.9% and Fujikura Ltd ( FKURF ), dropping 7.2%.