11:15 - 3.04.2025
April 3, Fineko/abc.az. Trading on Asia's largest Tokyo Stock Exchange opened with a collapse in quotations in light of the introduction of import duties by U.S. President Donald Trump, which will amount to 24% for Japan.
Key index Nikkei, reflecting fluctuations in the share prices of 225 leading Japanese companies, is down 4.4% at the beginning of trading and is around 34,138 points. The last time the Nikkei dropped below 35,000 points was in August 2024, when global markets collapsed due to fears of a recession in the U.S.
Automobile companies are among the leaders of the decline. Thus, the value of Nissan securities is reduced by 5.99%, and Honda - by 5.09%.
On April 2, Trump announced that his country would set a minimum rate of customs duties on imported goods at 10%. He determined individual tariffs for individual states. A 24% rate is being introduced for Japan.
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