BANGKOK (AP) — Asian shares sank Friday after U.S. stocks gave up much of their historic gains from the day before.
The deepening worries over President Donald Trump’s trade war initially helped pull Japan’s Nikkei 225 share index down 5.6%.
By mid-morning in Tokyo, it was down 4.2% at 33,148.45.
The yen surged against the U.S. dollar, which also lost value against the euro.
One dollar bought 143.64 Japanese yen, down from about 146 yen a day earlier. The euro rose to $1.1306 from $1.1195.
South Korea’s Kospi fell 1.3% to 2,413.16, while in Australia, the S&P/ASX 200 shed 1.2% to 7,619.70.
In China markets, Hong Kong’s Hang Seng edged
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