Trump, tariff and deadline extensions
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Japan, South Korea and Donald Trump
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The impact on Japan's output and exports from U.S. tariffs is limited for the time being but many companies are worried about the risk of tariffs weakening global demand, the Bank of Japan said on Thursday.
Trump slapped a 50% tariff on Brazil, and Brazilian President Luiz Inacio Lula da Silva said his country would respond.
It shows that personal grudges rather than simple economics are a driving force in the U.S. leader’s use of tariffs.
Sentiment in Japan's service sector improved slightly in June, a government survey showed on Tuesday, as solid demand for summer clothing and leisure offset the gloom from U.S. tariffs.
The market's mixed performance follows President Trump's announcement late Wednesday of a 50 percent tariff on imported copper, effective August 1, 2025. Additionally, a 50 percent tariff was imposed on Brazilian imports,
TOKYO] Japan’s automakers slashed the price of products exported to the US at a record pace, in a sign that companies are sacrificing profits to remain competitive as US President Donald Trump’s tariffs hit cars.
Japan’s Nissan Motor (OTCPK:NSANY) (OTCPK:NSANF) has suspended U.S. production of three vehicle models destined for Canada due to reciprocal auto import tariffs imposed by the U.S. and Canada. In a written statement to CTVNews.
Panda loans can be a ‘bargaining chip’ to make bilateral ties stronger and allow China to show it can be a regional leader, analysts say.