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Japan's Nikkei bounces as US tariff fears wane
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Japan's Nikkei bounces as US tariff fears wane
Feb 3, 2025 4:57 PM

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 was up 1.5% at 39,089.85 as of 0022 GMT,

while the broader Topix added 1.1%.

Among shares rallying on Tuesday were Toyota Motor ( TM )

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.

(Reporting by Brigid Riley; Editing by Muralikumar

Anantharaman)

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