Tokyo stocks closed down on Thursday, despite more conciliatory messages from Washington on trade as investors remained worried about how the US-China row will develop.[TOKYO] Tokyo stocks closed down on Thursday, despite more conciliatory messages from Washington on trade as investors remained worried about how the US-China row will develop.
Washington softened its stance on auto imports on Wednesday but investors remained focused on the US-China trade war and the health of the world's two biggest economies, analysts said. Mr Trump has threatened to impose 25 per cent punitive duties on autos - a possibility that has worried the European Union and Japan in particular, as well as Mexico and Canada.
China-related shares were lower, with electronic parts maker Rohm dropping 3.25 per cent to 7,140 yen and chip-testing equipment maker Advantest down 6.30 per cent at 2,881 yen.
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