TOKYO, Jan 21 (Reuters) - Japan's Nikkei share average

rose on Tuesday after U.S. President Donald Trump stopped short

of imposing new tariffs, easing concerns about the outlook for

Japanese exporters.

By 0002 GMT, the Nikkei had risen 0.8% to 39,198.72

and the broader Topix was up 0.61% at 2,727.63.

Chip-making equipment maker Tokyo Electron ( TOELF ) rose

1.84% to provide the biggest boost to the Nikkei. Uniqlo-brand

owner Fast Retailing ( FRCOF ) rose 0.82%.

Trump used his inauguration speech to announce emergencies

on immigration and energy and a more expansionist foreign

policy, including a pledge to take back the Panama Canal.

Yet there was only a brief mention of tariffs and, so far,

no details on how or when they might be unrolled.

The Nikkei's gains will be limited as the market awaits the

Bank of Japan's policy decisions due on Friday, said Seiichi

Suzuki, chief equity market analyst at Tokai Tokyo Intelligence

Laboratory.

The BOJ is expected to raise interest rates on Friday in a

move that would lift short-term borrowing costs to levels unseen

since the 2008 global financial crisis.

(Reporting by Junko Fujita; Editing by Subhranshu Sahu)