Tokyo and Seoul’s early trading on Monday ( Feb. 3 ) saw a rise in shares of the two cities as a result of US President Donald Trump’s massive trade tariffs on Canada, Mexico, and China.
Tokyo’s benchmark Nikkei score fell 2.70 per share or 1, 067.17 items to 38, 505.32, while the broader Topix score lost 2.47 per share or 68.87 items to 2, 719.79.  ,
Japan’s fall in stock was led by manufacturers, with Toyota Motor and Honda Motor losing 4 per share and 6 per cent respectively.
All of the Tokyo Stock Exchange’s 33 market sub-indexes fell. The manufacturer index dropped 4.8 % to become the worst-performing company.
However, Seoul’s KOSPI score fell 2.15 per share to 2, 463 in first trade.
Following the announcement that the US would implement the new taxes, Wall Street’s stock dropped on Friday.
Despite a regional free trade agreement, Trump signed off on broad 25 % tariffs on Mexico and Canada on Saturday, hitting China with a 10 % tariff in addition to the already-imposed levies.
US securities were in the positive range prior to the statement in a bright response to Apple’s results and US inflation data that was expected.