# Tokyo stocks hit by a perfect storm of tariffs, politics and budget worries Source: https://share.google/Rt8Quo6m0tbmbGCMk Kiwi News: https://news.kiwistand.com/stories/Tokyo-stocks-hit-by-a-perfect-storm-of-tariffs-politics-and-budget-worries?index=0x6877548967c8d9d843f64b9efcd3c2da8ab932706d384d9da2a25bec2dea10a2c361fb74 Submitted by 0x9778...D535 on 2025-07-16 UTC, 1 upvote, 0 comments ## Summary Japan's Nikkei 225 has traded below its peak for more than a year, hit first by the trade war, then by political instability and increasingly by fiscal concerns. The index is down 3.87% on the year and more than 6% off its record of 42,426.77, reached on July 11, 2024. Over the same period, indexes in the U.S., Germany and South Korea have been at or near records. ## Article Tokyo stocks are underperforming shares in other large markets globally. | Nico Phillips Japanese stocks have been stuck trading below their peak for more than a year, hit by the trade war, then by political instability and increasingly by fiscal concerns. The Nikkei 225 index is down 3.87% on year, and off by more than 6% from its record of 42,426.77 reached on July 11, 2024. This comes as indexes globally are rallying, with the Standard and Poor’s 500 and the Nasdaq Composite indexes in the U.S., Germany’s DAX and South Korea’s Kospi all at or near records. In a time of both misinformation and too much information, quality journalism is more crucial than ever. By subscribing, you can help us get the story right. SUBSCRIBE NOW