The Japanese stock market fell sharply on Monday, with Auto Manufacturers leading the decline after President Trump's announcement over the weekend of tariffs on Canada and Mexico raised concerns that Japanese exports could also be targeted. The Nikkei/Yen index dropped 2.1% to 38,742.33 points, and the Topix index declined 1.95% to 2,734.19 points. Toyota Motor plunged 4%, and Honda Motor fell 6%. All 33 sub-indices of the Tokyo Stock Exchange declined, with Auto stocks crashing 4.8%, performing the worst. The White House stated that the USA will impose a 25% tariff on Canada and Mexico, which immediately vowed to retaliate. Game manufacturer Konami Group surged 6%, becoming the largest support stock for the Nikkei/Yen index.