Market Updates
Japanese Automakers Fall 2% After U.S. Slaps 25% Tariffs on Imported Vehicles
Akira Ito
27 Mar, 2025
Tokyo
Stocks faced renewed selling pressure in Tokyo after the U.S. slapped stiff tariffs on vehicle and parts imports from key trading partners.
The Nikkei 225 Stock Average dropped as much as 0.9%, and the broader TOPIX closed up a fraction amid rising trade tensions with the U.S.
The U.S. slapped 25% tariffs on all vehicles and automobile parts imports starting next week, as the Trump administration escalated the tariff war and announced a fresh list of products.
The Trump administration added that tariffs are "permanent," and the U.S. president is not interested in negotiating with key trading partners—Japan, China, Mexico, the European Union, and Canada.
The yen traded at 150.76 against the U.S. dollar after Bank of Japan Governor Kazuo Ueda told the parliament committee that the central bank plans to keep raising rates if economic projects are met in the future.
Japan Indexes and Stocks
The Nikkei 225 Stock Average decreased 0.6% to 37,799.97, and the broader TOPIX index edged up 0.1% to 2,815.47.
Toyota Motor decreased 2% to ¥2,828.50, Honda Motor declined 1.5% to ¥1,456.0, and Nissan Motor fell 1.7% to ¥410.60.
Panasonic Holdings decreased 1.3% to ¥1,838.0, Nidec Corp fell 1.4% to ¥2,669.0, and Fujikura Ltd dropped 7% to ¥5,831.0.
Annual Returns
| Company | Ticker | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 |
|---|
Earnings
| Company | Ticker | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 |
|---|