US EditionBoJ governor says economy has weathered Trump’s tariffs
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Bank of Japan Views A Resilient Japan’s Economy Amid Trump’s Tariffs
Bank of Japan (BOJ) Governor Kazuo Ueda stated that Japan’s economy has weathered the impact of U.S. President Donald Trump’s tariffs, signaling resilience despite ongoing trade pressures. This positive outlook comes after a period of volatility, including a brief economic contraction earlier in the year, and is expected to influence the BOJ’s potential decision to […] The post Bank of Japan Views A Resilient Japan’s Economy Amid Trump’s Tariffs…
The Governor of the Bank of Japan (BoJ), Kazuo Ueda, said that the Japanese economy has managed to resist the impact of the tariffs applied by the Donald Trump administration on imports. In an interview with the Financial Times, Ueda explained that, "so far, US companies have assumed the burden of tariffs without transferring them completely to consumer prices", which has limited the direct inflationary effects on Japan. At the same time, he str…
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