Pedestrians passes a screen showing stock market information in Tokyo, Japan, July 23, 2025. Tokyo stocks ended higher on Wednesday after Japan and the United States reached a trade deal with 15 percent U.S. tariffs on autos and other products. (Xinhua/Jia Haocheng)

TOKYO, July 23 (Xinhua) -- Tokyo stocks ended higher on Wednesday after Japan and the United States reached a trade deal with 15 percent U.S. tariffs on autos and other products.

Japan's benchmark Nikkei stock index, the 225-issue Nikkei Stock Average, ended up 1,396.40 points, or 3.51 percent, from Tuesday to 41,171.32, its highest level since July 16, 2024.

The broader Topix index, meanwhile, finished 90.19 points, or 3.18 percent, higher at 2,926.38.

The market reacted positively after Tokyo and Washington agreed on the deal under which 15 percent tariffs will be imposed on Japanese autos and other products, lower than initially proposed by U.S. President Donald Trump, analysts said. ■

A pedestrian passes a screen showing stock market information in Tokyo, Japan, July 23, 2025. Tokyo stocks ended higher on Wednesday after Japan and the United States reached a trade deal with 15 percent U.S. tariffs on autos and other products. (Xinhua/Jia Haocheng)

A screen showing stock market information is pictured in Tokyo, Japan, July 23, 2025. Tokyo stocks ended higher on Wednesday after Japan and the United States reached a trade deal with 15 percent U.S. tariffs on autos and other products. (Xinhua/Jia Haocheng)