Japan’s Nikkei average fell over 1% on Friday with automakers tracking Wall Street losses after U.S. President Donald Trump announced trade tariffs. Toyota Motor and Honda Motor shares dropped significantly. Trump plans a 25% tariff on imported cars and light trucks starting April 3, with auto parts tariffs from May 3. Investors are preparing for reciprocal tariffs from other countries. Japan’s Nikkei average fell over 1% on Friday with automakers tracking Wall Street losses after U.S. President Donald Trump announced trade tariffs. Toyota Motor and Honda Motor shares dropped significantly. Trump plans a 25% tariff on imported cars and light trucks starting April 3, with auto parts tariffs from May 3. Investors are preparing for reciprocal tariffs from other countries. Economic Times
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