(2 Apr 2025)
RESTRICTION SUMMARY:
ASSOCIATED PRESS
Tokyo – 2 April 2025
1. Tokyo stock exchange opens, zoom into Japan’s benchmark stock index Nikkei 225
2. Nikkei 225 dropping
3. Mid of Nikkei 225
4. Camera operator filming board showing stock trades
5. Stock price for Japanese automobile companies in green (negative)
6. Tokyo Stock Exchange’s interior
7. Close of ticker
8. Tokyo Stock Exchange’s logo and stock trade figures reflected on glass
ASSOCIATED PRESS
Seoul, South Korea – 2 April 2025
9. Various of KOSPI displayed on electronic screens inside Hana Bank dealing room
STORYLINE:
Tokyo stocks opened slightly lower Wednesday with the auto sector’s sliding, ahead of U.S. President Donald Trump’s expected announcement on the details of reciprocal tariffs.
Japan’s benchmark stock index, Nikkei 225, comprised of 225 stocks selected from domestic common stocks in the Prime Market of the Tokyo Stock Exchange dropped, while it held steady Tuesday after Prime Minister Shigeru Ishiba’s comments that he was imploring Trump not to impose higher auto tariffs on Japan, a longtime U.S. ally.
Ishiba has told reporters that he is willing to fly to Washington to negotiate directly with Trump.
The U.S. will begin collecting 25% tariffs on auto imports on Thursday, with taxes on fully-imported cars kicking in at midnight, U.S. time.
The tariffs are set to expand to applicable auto parts in weeks to come.
South Korea’s market opened lower than previous day’s close due to looming U.S. tariffs, set to launch on April 2.
On Wednesday past 10 a.m. local time, South Korea’s benchmark Korea Composite Stock Price Index (KOSPI), was at 2509.65, which was 0.47% lower than Tuesday’s close.
Mayuko Ono, and Yong Jun Chang
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