TOCOM drops amid lingering fears of U.S. tariff

TOKYO: Benchmark Tokyo rubber futures dropped on Wednesday, weighed down by lingering fears that a potential U.S. import tariff on Japanese automobiles may hurt demand of cars and tyres. "There were no fresh incentives to buy today, with investors closely watching the development of Japan-U.S. trade talks which could affect car exports from Japan," said Toshitaka Tazawa, an analyst at commodities broker Fujitomi Co.

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