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Yomiuri Shimbun file photo The Tokyo Stock Exchange
Reuters
13:36 JST, February 19, 2025
TOKYO, Feb 19 (Reuters) – Japanese shares slipped on Wednesday, dragged by a decline in vehicle manufacturers after U.S. President Donald Trump’s auto tariff threat, while a rise in banks on bets for Bank of Japan’s (BOJ) interest rate hike capped losses.
The Nikkei share average fell 0.41% at 39,108.88 by the morning break.
“The Nikkei opened lower as remarks about tariffs on cars weighed on sentiment,” said Shuutarou Yasuda, a market analyst at Tokai Tokyo Intelligence Laboratory.
Trump said on Tuesday he intended to impose auto tariffs “in the neighborhood of 25%” and similar duties on semiconductors and pharmaceutical imports, the latest in a series of measures threatening to upend international trade.
