MANILA, Philippines (AP) — Asian shares were mostly lower Friday while Tokyo’s benchmark jumped more than 2% after Japanese officials said they had resolved questions over the tariff that will apply to exports to the U.S.
The new U.S. tariffs on Japanese goods that took effect Thursday did not match an agreement between Washington and Tokyo on a 15% level, and Japan’s main trade envoy said the U.S. side had agreed to correct the problem.