Shares retreated Friday in Europe and Asia, with benchmarks in Japan, Hong Kong and South Korea tumbling more than 2% as U.S. President Donald Trump’s decision to push ahead with 25% tariffs on imports from Mexico and Canada and to double tariffs on Chinese products to 20% left investors reeling.

By Greta Rosen Fondahn and Kevin Buckland GDANSK/TOKYO (Reuters) -World stocks fell to their lowest levels in six weeks on Friday, and the dollar hovered near multi-week highs, as the prospect of higher U.

President Trump’s fresh tariff threats spooked investors, spurring some to seek shelter in the haven Japanese currency.