0017 GMT - Japanese stocks are higher in early trade after President Trump said the U.S. reached a trade deal with Japan. Auto stocks are leading the gains. Toyota Motor is up 6.9%, Honda Motor gains 7.2% and Nissan Motor is 5.9% higher. Trump said the U.S. would impose tariffs of 15% on goods from Japan. USD/JPY is at 146.71, compared with 147.84 as of Tuesday's Tokyo stock market close. Investors are closely watching any details of the trade agreement. The Nikkei Stock Average is up 1.9% at 40528.04. (kosaku.narioka@wsj.com; @kosakunarioka)
(END) Dow Jones Newswires
July 22, 2025 20:17 ET (00:17 GMT)
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