efe-epaTokyo

Shares on the Tokyo Stock Exchange fell once again on Monday due to the ongoing trade dispute between China and the United States.

The Nikkei index closed with a drop of 17.86 points, or 0.08 percent, to stand at 22,507.32 units, while the broader-based Topix, which tracks all stocks of the First Section, fell 9.68 points, or 0.56 percent to 1,732.90 units.

The Tokyo stock exchange opened up due to solid gains on Wall Street and robust earnings reports from Japanese companies but ended up falling, dragged down by the announcement of tariffs by China on Friday to counter the latest tariffs by the US.

Trade tensions between China and US have adversely affected the market, making an increase in exports unlikely.

Investors at the Tokyo exchange remained cautious amid reports that the US could push for a bilateral free-trade agreement to reduce its trade deficit with Japan, during upcoming talks between the two countries in Washington on Thursday.