Honda Motor Co Ltd

7267: XTKS (JPN)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Japan Equities Gain on 15% Tariff News, Led by Automakers

Lorraine Tan

Jul 23, 2025

US President Donald Trump announced that a Japan tariff deal has been reached, setting reciprocal tariffs at 15%. Japanese media is reporting that Japanese automakers will see their 25% tariff reduced to 15%. As of midday, the Nikkei 225 is up 2.8%, with Toyota shares bouncing over 13%.

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Honda Motor Co Ltd

Japan Equities Gain on 15% Tariff News, Led by Automakers

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