Japanese stocks fell sharply due to Trump's high tariff policy, and the automobile manufacturing industry was hit hard

On February 3, 2025, the Japanese stock market fell sharply, with the automobile manufacturing sector leading the decline. The high tariff policy recently announced by President Trump may be the main reason. Since Canada and Mexico are important production bases for Japanese automakers, this policy has raised market concerns about the stability of the global supply chain, causing investors to sell auto stocks.