Asian markets and U.S. futures tumbled Thursday following U.S. President Donald Trump’s announcement of big increases in tariffs on imports of goods

Japan’s stock futures slumped after President Donald Trump slapped the nation with a 24% levy as part of tariffs on trading partners worldwide. A stronger yen may also drag exporter shares lower.Nikkei 225 futures were at 34,

Japan's Nikkei Stock Average closed 0.3% higher at 35725.87 as gains in the heavy industry and video game shares offset the losses in pharmaceutical and utility stocks. IHI gained 5.7% and Konami rose 2.