Pre-Markets Shine on Japanese Auto Trade Deal

Wednesday, July 23, 2025Pre-market futures are up today, led by foreign auto companies — particularly those in Japan. A new trade agreement was announced that lowers tariffs on Japanese imported autos to +15% from the +27.5% recently slapped on by President Trump. Sweetening the deal is a reported $550 BILLION in investments and loans.Thus, we see this morning Toyota Motors (TM) up +14% in early trading, with Honda Motor Co. (HMC) +11%. Toyota had been saddled with a Zacks Rank #5 (Strong Sell) and Honda wi ...