Japan's Nikkei falls, auto shares slump after US tariff announcement

  • Facebook.
  • Twitter.
  • LinkedIn.
  • Print

TOKYO, March 27 (Reuters) - Japan's Nikkei share average fell on Thursday, weighed down by worries about the impact of U.S. President Donald Trump's auto tariff announcement, with automakers leading the losses.

By 0022 GMT, the Nikkei fell 0.7%, trimming some of its more than 1% losses earlier in the session.

The broader Topix slipped 0.45% to 2,800.37.

Trump on Wednesday unveiled a 25% tariff on imported cars and light trucks starting next week, widening the global trade war he kicked off upon regaining the White House this year in a move auto industry experts expect will drive up prices and stymie production.

Toyota Motor ( TM ) lost 2.5% and Honda Motor ( HMC ) was down 2.1%, while Nissan Motor ( NSANF ) slipped 3.6%.

Subaru lost 5.6% to become the worst performer on the Nikkei.

The index for automakers lost 2.26%.

(Reporting by Junko Fujita; Editing by Alan Barona)

(c) Reuters 2025. All rights reserved. Republication or redistribution of Reuters content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Reuters. Reuters and the Reuters sphere logo are registered trademarks and trademarks of the Reuters group of companies around the world.

  • Facebook.
  • Twitter.
  • LinkedIn.
  • Print
close
Please enter a valid e-mail address
Please enter a valid e-mail address
Important legal information about the e-mail you will be sending. By using this service, you agree to input your real e-mail address and only send it to people you know. It is a violation of law in some jurisdictions to falsely identify yourself in an e-mail. All information you provide will be used by Fidelity solely for the purpose of sending the e-mail on your behalf.The subject line of the e-mail you send will be "Fidelity.com: "

Your e-mail has been sent.
close

Your e-mail has been sent.