The further clarity on U.S. tariffs pushed Japan's broad Topix index to a record over the key psychological mark of 3,000 points.

The further clarity on U.S. tariffs pushed Japan's broad Topix index to a record over the key psychological mark of 3,000 points.

The change will mean Trump’s reciprocal tariff rate of 15% on Japan will not stack on top of existing sector-specific levies, similar to an arrangement with the EU.