Japan’s benchmark stock index drops sharply lower after Wall Street tumbles

(31 Mar 2025)
RESTRICTION SUMMARY:

ASSOCIATED PRESS
Tokyo – 31 March 2025
1. Close of Japan’s benchmark stock index Nikkei 225 dropping
2. Mid of Nikkei 225 displayed on board
3. Wide of camera person filming display board showing stock trades
4. Stocks of Japanese automakers all negative (in green)
5. Stock trade figures reflected on glass
6. Pull of Tokyo Stock Exchange’s exterior
7. Junction sign seen in front of cherry blossoms, sign, reading (Japanese) Tokyo Stock Exchange
STORYLINE:
Indexes fell sharply in Japan Monday morning as automakers felt more pressure following US President Donald Trump’s announcement that he plans to impose 25% tariffs on auto imports.

Honda Motor fell 2.6%, and Toyota Motor sank 2.8% in Tokyo, while South Korea’s Hyundai Motor fell 2.6% in Seoul.

Stock markets worldwide will likely remain shaky as an April 2 deadline approaches for more tariffs.

That’s what Trump has called ”Liberation Day”, when he will roll out tariffs tailored to each of the United States’ trading partners.

Thailand’s SET lost 1% after a powerful earthquake centered in Myanmar rattled the region, causing the prime minister to declare a state of emergency for the capital, Bangkok.

AP Video by Mayuko Ono

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