Stocks of Japanese automakers take off after USAs reduce authorship

Recently imported new unregistered Honda cars parked in the storage yard at Bristol’s port on January 15, 2025 near Bristol, England.

Anna Barclay | Gets the image

Japanese automakers reportedly increased after the US was reduced to 15% of the current 25%, according to Public Broadcaster NHK, citing a Japanese official.

Japanese stocks Honda jumped at 8.42%while Toyota They rose by 9.97%. Nissan jumped over 7%and Mazda The motor grew more than 16%. Mitsubishi Motors jumped over 12%.

The Hyundai South Korean reserves also increased by 5%, and KIA increased by 0.2%.

While NHK reports that 15% of the tariffs will be extended to Japanese products, it is unclear whether the speed will be reduced to other automakers.

US President Donald Trump has previously announced 25% tariff on all imported vehicles On March 26, which came into force on April 2.

Auto exports to the US is the cornerstone of Japan, which is 28.3% of all supplies in 2024, According to customs data.

US President Donald Trump announced on Tuesday the state that impressed what he called “The biggest deal is if -no“With Japan

Having posted on social truth, Trump also claimed that Japan was $ 550 billion in the US and that America will receive “90% profits”.

He added that Japan also agreed to open its market to a wider range of US goods, including cars, trucks, rice and other agricultural products.

– CNBC Lim Hui Jie contributed to this report.

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