The Business Times

Tokyo: Stocks open down after Trump announces Mexico tariffs

Published Fri, May 31, 2019 · 12:26 AM
Share this article.

[TOKYO] Tokyo stocks opened lower on Friday, after US President Donald Trump announced a five per cent tariff on all goods from Mexico, with shares in automakers that have Mexico plants dropping sharply.

The benchmark Nikkei 225 index fell 0.79 per cent, or 164.66 points, at 20,777.87 in early trade, while the Topix index was down 0.77 per cent, or 11.72 points, at 1,520.26.

AFP

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Capital Markets & Currencies

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here