Japan's Nikkei bounces as US tariff fears wane
ReutersFeb 4, 2025 12:31 AM
TOKYO, Feb 4 (Reuters) - Japan's Nikkei share average rebounded in early trade on Tuesday as concerns about U.S. tariffs eased after President Donald Trump suspended his threat of steep tariffs on Mexico and Canada.
The Nikkei .N225 was up 1.5% at 39,089.85 as of 0022 GMT, while the broader Topix .TOPX added 1.1%.
Among shares rallying on Tuesday were Toyota Motor 7203.T and other major Japanese automakers, which took a hit in the previous session as investors weighed how tariffs on Mexico might impact the firms' auto production.
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