TOKYO (Reuters) - Japan's Nikkei share average fell on Friday, following sharp overnight losses on Wall Street, as concerns over U.S. President Donald Trump's sweeping tariffs sparked fears of a potential global economic recession. As of 0010 GMT, the Nikkei index was down 1.7% at 34,148.58, while the broader Topix fell nearly 2% to 2,518.39.

Japan’s share benchmark nosedived on Monday after the meltdown Friday on Wall Street over U.S. President Donald Trump's tariff hikes.

Investors were feeling a little bit calmer on Thursday after President Donald Trump said trade talks between the U.S. and Japan were off to a good start. The Cboe Volatility Index, a widely-followed Wall Street fear gauge that tracks S&P 500 options contracts and trades under the ticker VIX,