On July 23, 2025, after President Trump announced the U.S.-Japan trade deal setting Japanese export tariffs at 15%, how did Japan’s stock markets—particularly the Nikkei 225 and the Transport Equipment Index—react? (Reuters Global Markets update, Jul. 23, 2025)
Explanation
Japan’s Nikkei 225 jumped 3.5% to close at 41,171.32 points, its highest finish since July 2024, as the U.S.-Japan deal cut auto tariffs to 15% from a threatened 25%. The Tokyo Stock Exchange’s Transp...
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The deal reduced tariffs on Japanese automobiles from 25% to 15%, benefiting companies like Toyota and Honda.
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