Trump, Japan and punishing tariffs
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USD/JPY and AUD/USD move on trade talk progress, US PPI data, and Aussie housing trends. Policy paths in Japan, US, and Australia remain in sharp focus.
Tokyo had expected smooth tariff negotiations but is experiencing whiplash, becoming a central target of President Trump’s trade frustrations.
Japanese Prime Minister Shigeru Ishiba is set to meet U.S. Treasury Secretary Scott Bessent in Tokyo on Friday, aiming to finalize a trade deal before new tariffs take effect on August 1, the Yomiuri newspaper
Japan's trade deal with the U.S. must include tariff concessions for its vital automobile industry, top trade negotiator Ryosei Akazawa said on Tuesday, after President Donald Trump announced 25% tariffs on goods from Japan starting August 1.
USD/JPY rallies as Trump’s tariffs hit BoJ rate hike bets. Japan inflation, trade, and US data to guide pair’s next move.
Japanese Prime Minister Shigeru Ishiba pushed back against the idea there has been little progress in negotiations with the US on a trade deal as a deadline looms for a 24% across-the-board tariff to take force.
TOKYO (Reuters) -Japanese Prime Minister Shigeru Ishiba said on Tuesday that Japan would continue negotiations with the United States to seek a bilateral trade deal that benefits both countries. The remark came in response to U.
China has had a ban on Japanese beef imports since the outbreak of mad cow disease, formally called bovine spongiform encephalopathy, or BSE, in Japan in 2001. The Japanese and Chinese governments signed the animal health and quarantine agreement in 2019, but the Chinese side's procedures to put it into effect have been suspended.
The early harvest deal will include issues like tariffs and non-tariff barriers, intellectual property rights, government procurement, technical barriers to trade, and Sanitary and Phytosanitary Measures.