
The Nikkei 225 rose 0.33% to close at 39,821 on Wednesday, while the broader Topix Index advanced 0.41% to 2,828, extending gains from the previous session despite growing trade tensions.
Investors assessed the latest tariff developments from Washington, where US President Donald Trump confirmed that there would be no revisions or delays to the updated duties targeting 14 countries.
Japan is set to face a 25% tariff beginning August 1. Japanese Prime Minister Shigeru Ishiba called the move "truly regrettable" but emphasized that Tokyo will continue talks with the US in pursuit of a mutually beneficial agreement.
In addition to the Japan-specific levies, Trump also unveiled a 50% tariff on copper imports and floated the prospect of tariffs as high as 200% on pharmaceutical products, heightening concerns over global trade disruptions. Among notable gainers, Sanrio climbed 2.5%, Toyota Motor added 0.9%, and SoftBank Group rose 0.8%.
Source: Trading Economics
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