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America’s bad faith and the fall of Japanese stocks

The US government's breach of contract with one of Japan's largest steel companies affected the country's stock market.

According to Webangah News quoted by Mehr News Agency According to Reuters, following Joe Biden’s opposition to the $14.9 billion steel contract with Japan’s Nippon Steel Company , the value of the stock index of this company at the beginning of the first trading of the country’s stock market in the year 2025 decreased.

Nikki stock index value 225 in the middle of the day (Monday local time) one audit decreased by 25 hundred percent and reached 39 thousand 394 audits of 27 units.

Japanese officials, including the Prime Minister of this country, complained and warned that the termination of this contract could affect future relations. The two countries are influential and may lead to the gradual withdrawal of Japanese companies from America.

Last week, due to security issues, the US President handed over $15 billion American Steel Company to Nippon Steel ” opposed.

 

© Webangah News Hub has translated this news from the source of Mehr News Agency
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