(7 Aug 2025)
RESTRICTION SUMMARY:
ASSOCIATED PRESS
Tokyo – 7 August 2025
1. Mid of screen showing logo of Japan’s benchmark stock index Nikkei 225
2. Board showing Nikkei 224 going down after opening of Tokyo Stock Exchange
3. Mid of electronic board showing stock indexes
4. Wide of electronic board showing stock indexes, bell in the foreground
5. Wide of media filming stocks displayed on electronic board
6. Close up of stocks
8. Mid of electronic board reflection
9. Wide of Tokyo Stock Exchange visitors, electronic board showing stock indexes
10. Mid of people crossing a street in front of electronic board showing stock indexes
11. Mid of man scrolling his phone in front of electronic board showing stock indexes
12. Wide of people crossing a street in front of electronic board showing stock indexes
STORYLINE:
Tokyo stocks opened slightly lower Thursday, as U.S. President Donald Trump was set to officially begin levying higher import taxes on dozens of countries. The 225-issue Nikkei Stock Average opened at 40,668.19 points, down 126.67 points, or 0.31%.
Asian shares were mixed on Thursday after a rally for Apple led Wall Street higher, with U.S. stocks reclaiming more of their sharp losses from last week.
In Japan, factory output contracted in July, purchasing activity fell and hiring slowed, according to the S&P Global Manufacturing PMI. But the data were collected before Trump announced a trade deal that cut tariffs on Japanese exports to 15% from 25%.
To keep their access to the huge American market, major trading partners have struck deals with Trump. The United Kingdom agreed to 10% tariffs and the European Union, South Korea and Japan accepted U.S. tariffs of 15%. Those are much higher than the low single-digit rates they paid last year, but down from the 30% Trump had ordered for the EU and the 25% he ordered for Japan.
AP video shot by Selim Chtyati
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Author: AP Archive
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