Japanese Prime Minister Shigeru Ishiba denied that Tokyo is trying to weaken its currency after President Donald Trump bumped the yen by accusing Japan and China of gaining an unfair advantage through foreign exchange policy.

Japan's Nikkei fell on Tuesday, as markets were jittery about a trade war ahead of U.S. tariffs on Canada and Mexico, while a stronger yen also added to investors' concerns. The Nikkei was down 1.8% at 37,

Japans Nikkei 225 fell 1.8% to 37,096.51 by midday Tuesday, its lowest level since September 18, as investors grew cautious ahead of new U.S. tariffs on Canada, Mexico, and China. The Topix index dropped 1.