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Japan's Nikkei rises as Trump hints at auto tariff relief
Japan’s Nikkei share average rose nearly 1%, driven by a surge in automakers following President Trump’s hints at potential tariff relief for the sector. Toyota Motor's stock jumped 3.7%, contributing to a 3.6% increase in the auto and parts maker index. Despite ongoing trade policy concerns, the market showed signs of stabilization after recent volatility.
Nikkei gains slightly as traders brace for impending Trump tariffs
Japan’s Nikkei share average rose 0.28% to 35,725.87 amid fluctuations as traders braced for impending tariffs from U.S. President Trump. While some major stocks like Fast Retailing and Advantest rebounded, energy shares faced pressure due to falling crude oil prices. Automakers showed slight gains, but uncertainty looms over potential impacts on the market.
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