Japan, South Korea and Donald Trump
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Trump, tariff and U.S. Dollar Index
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US President Donald Trump said he will slightly raise across-the-board tariffs on Japan to 25% starting on Aug. 1, giving Prime Minister Shigeru Ishiba an extension that will enable him to try to settle the problem after a national election.
TOKYO (Reuters) -Japanese Prime Minister Shigeru Ishiba said on Thursday his country needed to wean itself from U.S. dependence in such key areas as security, food and energy, as Tokyo faces the prospect of new U.
Japanese Prime Minister Shigeru Ishiba on Tuesday said US-imposed tariffs on Japanese imports would have an impact on the country, but added that negotiations would continue.
President Donald Trump is threatening to impose higher tariffs on Japanese exports to the United States over what he claims is the country’s unwillingness to buy American-grown rice.
Confidence among Japan’s large manufacturers edged up in June, reflecting resilience in the face of the escalating US tariff campaign and backing the case for another Bank of Japan interest rate hike in coming months.