TOKYO, Nov. 26 (Xinhua) -- Tokyo stocks retreated Tuesday as investor sentiment soured after U.S. President-elect Donald Trump vowed plans to impose higher tariffs on imports from some nations, leading to widespread selling of export-focused stocks, such as semiconductors and automobiles.

The benchmark Nikkei stock index, the 225-issue Nikkei Stock Average, dropped 338.14 points, or 0.87 percent, to close at 38,442.00.

The index briefly plunged over 700 points during the session. Concerns over potential future tariffs on Japanese goods also weighed on the market.

Despite the decline, buying interest from retail investors looking for bargains helped limit losses, analysts noted.

The broader Topix Index also fell, losing 26.05 points, or 0.96 percent, to close at 2,689.55.

The Tokyo Stock Exchange's Prime section saw decliners outnumbered gainers, with 895 stocks down, 703 up, and 47 unchanged. Enditem

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