Japan, Trump and tariffs
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More than two-thirds of Japanese firms believe the government should compile an extra budget later this year to mitigate the impact of U.S. President Donald Trump's new tariffs and rising prices, a Reuters survey showed on Thursday.
President Donald Trump on Monday set a 25% tax on goods imported from Japan and South Korea, as well as new tariff rates on a dozen other countries.
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Inquirer Business on MSNJapanese auto exports to US dive in June as tariffs biteJapanese auto exports to the United States tumbled more than a quarter in June, official data showed Thursday, amid growing concern at the failure of Tokyo to strike a deal to avoid the worst of Donald Trump’s tariffs.
The dollar rebounded broadly on Thursday following a turbulent session on Wednesday when U.S. President Donald Trump denied reports that he was planning to fire Federal Reserve Chair Jerome Powell. The dollar has rallied this month in what analysts say is largely consolidation following a sharp selloff for most of this year.
Japanese shipper K-Line forecasts a US$200 million hit from US tariffs and is adjusting its fleet of ships to other regions.
Asian shares were mostly lower in early Tuesday trading, as worries about President Donald Trump’s latest updates to his tariffs weighed on investor sentiments. Japan's benchmark Nikkei 225 rose 0.1% in morning trading to 39,
Home Depot co-founder Ken Langone admitted Tuesday that previous concerns over President Donald Trump’s tariff policy were unfounded, saying he
The president has earned a reputation for bluffing on tariffs. But he has steadily and dramatically raised U.S. tariffs, transforming global trade.