Car shares in Asia are rising thanks to the transactions of Trump fees

The shares of car manufacturers in Asia rose on Tuesday after US President Donald Trump revealed that he had studied the release of vehicle imports and auto parts of customs duties. The shares of the Japanese car business “Toyota”, “Honda” and “Suzuki” rose by more than 5%in Tokyo, while the share of Indian car components ‘Samvardhana Motherson International’ produced- by ​​10%- to reach the highest level since 2021. This increase has reduced the pressure on the shares of car businesses, after Trump imposed a 25% customs tariff on US imports of cars from April 2. He also strengthened the hope by providing some support to the broader stock market. Motor ministry companies contributed to most of the profits achieved by the “Topix” ​​index in Japan, which rose by about 1.6%, while the “Kospi” index in Korea rose by about 1.1%. Japanese car businesses, Heduki Ishigoro, Nomura Asset Management, said Trump began to “show a little flexibility in his position on customs duties”, which helps support share prices. He added that any releases granted to car manufacturers will have a ‘noticeable positive impact’ on Japanese shares, as many companies are largely on export to the United States. In India, reports on the potential release of customs duties have led to the increasing “Samvaradana” shares -delivering parts that deliver their products to large companies such as “Mercedes -Benz Group” and “Tesla” -“according to the recent stock,” according to the “Morgan Stanley” analyst Benay Singh in a report. India exceeded fluctuations and added that “in the case of continuing comprehensive customs duties at this level, the possibility of recession in the United States and the world will increase in a fundamental way,” but “Samaefana” is in a good position that enables it to overcome the state of volatility as a result of the united states. The Height Wave expanded to producers of auto parts in the entire region on Tuesday, as the Japanese “denu” share – which among its customers “Toyota” and “Ford Motor” – rose about 6.5%. The Korean “Hyundai Mobis” shares also rose by about 6%. Even after Tuesday’s profits, the “Topix” ​​index of car companies and the Japanese parts has been with more than 5% low since April 2, due to the fear that the new customs laid down Trump negatively affect the gains of the exporters.