TOKYO -- Shares in Japanese automakers and parts suppliers rose Friday, as investors welcomed U.S. President Donald Trump's executive order cutting the tariff on the country's automotive imports.
Markets
Japan auto stocks jump as Trump brings tariffs down
US levies set at 15%; shares in Toyota, Nissan and Mazda trade higher
U.S. tariffs have weighed heavily on Japan's auto industry ever since the U.S. President Donald Trump announced a 25% levy on auto imports in March. (Photo by Wataru Ito)
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