TOKYO (Kyodo) -- Tokyo stocks fell Tuesday as exporters were hit by concerns that U.S. President-elect Donald Trump's plans to increase tariffs on goods from some countries could expand to Japan.

The 225-issue Nikkei Stock Average ended down 338.14 points, or 0.87 percent, from Monday at 38,442.00. The broader Topix index finished 26.05 points, or 0.96 percent, lower at 2,689.55.

On the top-tier Prime Market, decliners were led by oil and coal product, nonferrous metal, and bank issues.

The U.S. dollar was weaker in the upper 153 yen range almost throughout Tokyo trading hours as the Japanese currency, seen as a safe-haven asset, was bought after Trump announced increases in tariffs for imports from China, Mexico and Canada, dealers said.

At 5 p.m., the dollar fetched 154.03-04 yen compared with 154.13-23 yen in New York and 154.53-55 yen in Tokyo at 5 p.m. Monday.

The euro was quoted at $1.0472-0473 and 161.31-35 yen against $1.0492-0502 and 161.77-87 yen in New York, and $1.0450-0451 and 161.49-53 yen in Tokyo late Monday afternoon.

The yield on the benchmark 10-year Japanese government bond fell 0.010 percentage point from Monday's close to 1.060 percent, tracking an overnight decline in long-term U.S. Treasury yields.

Stocks were pressured throughout the day, briefly sending the Nikkei index down nearly 2 percent, after Trump posted his tariff plans on social media.

"The announcement raised concerns that Trump may adopt a similar measure to other countries or that he'll raise the tariffs even more," said Shingo Ide, chief equity strategist at the NLI Research Institute, noting that the incoming president had previously floated 60 percent tariffs for Chinese goods.

"Some Japanese businesses will be directly affected by the planned tariff increases, as they have factories in Mexico," he added.

Some major export-oriented auto and electronics issues were lower, also weighed down by the firmer yen, which reduces exporters' overseas profits when repatriated.

Heavyweight high-tech stocks were particularly weak following an overnight plunge of U.S. chip giant Nvidia Corp., while some investors locked in gains after a two-day rally on the stock market, analysts said.