TOKYO -- Though stock trading in Tokyo has slowed down ahead of a Japan-U.S. summit on Friday, companies with substantial American production continue to attract investors looking to mitigate their exposure to trade risks from U.S. President Donald Trump's policies.
Trading on the first section of the Tokyo Stock Exchange fell under the 2 trillion yen ($17.8 billion) threshold Wednesday, signaling a halt to the Trump-fueled rally. Hopes for a weaker yen are receding, given that the gap between U.S. and Japanese interest rates is beginning to close. Trump's criticisms of Japanese automakers have not helped either. Shares in Mazda Motor, for example, fell for the eighth straight session.