Japan, Trump
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Japan, Upper house and exit poll
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TOKYO—Japan’s ruling coalition suffered a significant loss in a parliamentary election Sunday, a setback that risks derailing delicate trade negotiations with the U.S. just weeks before punishing tariffs are set to take effect.
Unlike the European Union, the Japanese government has made no indication it plans to impose any kind of reciprocal tariff on the U.S., even if the U.S. does move forward with its planned 25% tariffs on all Japanese exports.
ABP News on MSN10h
Japan PM Ishiba’s Coalition Projected To Lose Upper House Amid ‘Japanese-First’ Party Rise, Trump Tariff ThreatJapanese Prime Minister Shigeru Ishiba’s political standing took a major hit on Sunday as his coalition lost its hold on the upper house of parliament, according to projections by Japanese media outlets Nippon TV and TBS.
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
President Donald Trump sent out letters to nations that haven't entered into trade agreements with the U.S., informing them of their new tariff rates.
For Americans who were awaiting the release of the Nintendo Switch 2, the delay of U.S. pre-orders for the gaming console this April was one indication of what’s to come.
Japanese shipper K-Line forecasts a US$200 million hit from US tariffs and is adjusting its fleet of ships to other regions.
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