WhyItDropped

Nikkei 225 · April 7, 2025

The Tariff Shock — Nikkei

-7.83%

single-day change vs previous close

Part of a longer stretch

The Nikkei's rebound after the tariff pause

early in it · 2025-04-07 → 2025-08-12, +37.20% over the whole period

What happened that day?

  • Monday 7 April 2025 — Nikkei 225 fell 7.83%
  • Absorbing the US tariff announcement and the two sessions of decline that followed, all at once across the weekend
  • Japan reacted especially strongly because of its economic structure
  • Cars, machinery and electronic components — industries with heavy US exports — occupy a large share of the index, and tariffs act directly on their profits
  • The inability to react over the weekend deepened it. What the US priced across two sessions, Tokyo priced at a single open
  • Fell 22.7% from peak

Sources

Every figure on this page is recomputed from the original daily closing prices and checked against them at build time. The account of what happened is written from the sources listed above.