TOKYO, July 3 (Reuters) - Japan's Nikkei share gauge
swung between gains and losses on Thursday as uncertainty over a
trade deal with the United States and the threat of heavy
tariffs prompted investor caution.
The Nikkei 225 Index edged 0.1% lower as of the
morning break while the broader Topix was down 0.3%.
Prolonged trade negotiations with the U.S. have yet to
produce a deal, with President Donald Trump recently threatening
even higher tariffs on Japan.
Prime Minister Shigeru Ishiba said on Wednesday he was
determined to protect Japan's national interests, while chief
trade negotiator Ryosei Akazawa was reported to be organising
his eighth visit to the U.S. as early as this weekend.
"If the negotiations do not produce results, it will be a
major blow to the Japanese economy," said Nomura strategist
Fumika Shimizu.
There were 112 advancers on the Nikkei index against 110
decliners. The biggest percentage losers on the gauge were
Muji-brand retailer Ryohin Keikaku ( RYKKF ), down 6%, followed
by NH Foods ( NHFOF ), which slid 4.9%.
JFE Holdings ( JFEEF ) surged 4.9%, leading an advance among
iron and steel makers, which were the biggest gainers among the
Tokyo Stock Exchange's 33 industry sub-indexes.
(Reporting by Rocky Swift in Tokyo; Editing by Mrigank
Dhaniwala)