Japan's Economy Faces Pressure from U.S. Tariff Policies, Says Central Bank Governor

According to Odaily, Kazuo Ueda, the Governor of the Bank of Japan, stated on the 17th that U.S. tariff policies are expected to impact Japan's economy and could negatively affect international financial markets. Ueda highlighted that beyond directly affecting trade activities, these policies increase uncertainty, impacting the confidence of businesses and households. He expressed concern that the U.S. tariffs would exert downward pressure on Japan's economy. Ueda emphasized the need for an unbiased assessment of the tariffs' impact on economic and price outlooks, suggesting that careful consideration is necessary to determine appropriate financial policies.