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

Japan’s Nikkei share average fell, impacted by President Trump’s auto tariff announcement. Automakers Toyota, Honda, Nissan, and Subaru experienced losses. The tariffs include a 25% tax on imported cars starting next week, intensifying the global trade war. The broader Topix index also slipped. The auto industry faces increased prices and production challenges. Japan’s Nikkei share average fell, impacted by President Trump’s auto tariff announcement. Automakers Toyota, Honda, Nissan, and Subaru experienced losses. The tariffs include a 25% tax on imported cars starting next week, intensifying the global trade war. The broader Topix index also slipped. The auto industry faces increased prices and production challenges.  Economic Times

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