Japanese stocks climbed after President Donald Trump signed an executive order implementing his trade agreement with Japan, with a maximum 15% tariff on most of its products, including autos.
The Topix Indexrose 0.8% to 3,105.31 as of the market close in Tokyo, while the blue-chip heavy Nikkei 225 Stock Average advanced 1% to 43,018.75 The yen was up 0.2% to 148.36 against the dollar.
Relief for aerospace and automobile imports will become effective within seven days, according to the executive order. Export-related sectors such as the electric appliances and wholesale trading companies were the largest contributors to the Topix. ...
