TOKIO (AP) – The shares fell on Thursday in Asia, regardless of China, after President Donald Trump announced that he would slap 25 % on the customs tariff. Imported cars.
Trump He said he was raising duties on car imports to encourage more Manufacturing in the United StatesBut the effect will be complicated since then American automaker companies Even foreign manufacturers with factories in the United States source many of their components from all over the world.
Nikkei 225 Japan lost 0.6 % to get 37799.97.
Toyota Motor Corp. Stock Dove 2 %, while Honda Motor 2.5 % shares decreased. Nissan decreased by 1.7 %. Mazda Motor Corp shares decreased by 6 %, while those in Subaru Corp. decreased. Almost 5 % and lost Mitsubishi Motors Corp 3.2 %.
Japanese Prime Minister Shigro Ishiba sought to persuade Trump to exempt Japan from the higher definitions, and repeated his position on Thursday.
“We are strongly asking not to apply customs tariff measures to Japan,” he told reporters.
When asked about possible responses, he said without giving details: “All options are naturally subject to consideration.”
Evan Espinoza, who will become the CEO of Nissan Motor on April 1, told reporters earlier this week that the auto company was studying several scenarios because what Trump might do is “liquid.”
Toyota refused to comment.
South Korea fell 1.4 % to 2,607.15. Korean auto manufacturers also paid a cold from the Trump advertisement. The shares of Hyundai Motor Co. lost. In Seoul 4.3 %, while Kia Corp shares decreased by 3.5 %.
The stocks in Greater China, regardless of Taiwan, were higher. Hang Kong Hang Singh has gained 0.5 % to 23605.67, while the Shanghai compound index increased by 0.2 % to 3,373.75.
Chinese car manufacturers and spare parts are expanding sales around the world, but not in the United States, and therefore any effect of the definitions will be indirect.
But the standard of Taiwan, Tax, drowned 1.4 %.
In Australia, the S&P/ASX 200 0.4 % decreased to 7,969.00.
S & P 500 1.1 % sank to 5,712.20 to break what was Running trading quieter. Dow Jones industrial average plasting a profit of 230 points in the morning to a loss of 132 points, or 0.3 %, at 42,454.79.
The Big Tech's weakness is sent to a 2 % lead in the market, at 17889.01.
The dominant stocks group known as “Seven Magnificent” was at the last sale center of the United States Market, which took S & P 500 10 % earlier this month. Ever she has The first “correction” since 2023. Big Tech bounced in previous years amid madness around her Artificial-TCA Technology said, critics said that their prices rose very quickly compared to their growing profits already quickly.
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