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Japanese automaker shares jump after Trump trade deal
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Japanese automaker shares jump after Trump trade deal
Jul 22, 2025 6:21 PM

TOKYO, July 23 (Reuters) - Shares of Japanese automakers

surged on Wednesday, with Toyota ( TM ) gaining 11% and Honda ( HMC )

advancing 9% after U.S. President Donald Trump said he

had struck a trade deal with the Japan that includes a 15%

tariff.

In a post on Truth Social, Trump said the deal would

include $550 billion of Japanese investments in the United

States.

Trump did not specifically mention automakers in his tweet,

but public broadcaster NHK said Japan and the United States had

agreed to the 15% tariff on autos, from an earlier planned 25%.

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