Japan, Toyota
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Toyota Motor Corp. said it hopes for improved ties between the US and Japan, going as far as to call for further tariff reductions a day after President Donald Trump announced a much-awaited trade pact with the island nation.
The Trump administration and Japan struck a trade deal that was better than feared. Shares of Toyota Motor ( TM -1.71%) rallied 11.8% this week, according to data from S&P Global Market Intelligence.
The U.S. and Japan struck a trade deal that will see tariffs on Japanese cars cut to 15%. Japanese [auto stocks surged](