Yen Jumps Then Quickly Erases Gains After Japan 15% Tariff Deal

Toyota, Honda, and other Japanese automakers rally as trade deal slashes their US tariff rate to 15%

Shares of Toyota, Honda, Subaru, and other Japanese automakers are surging on Wednesday morning....

Yen Jumps Then Quickly Erases Gains After Japan 15% Tariff Deal

The Japanese currency spiked as much as 0.3% against the dollar and then quickly erased gains after US President Donald Trump’s announcement of 15% tariffs on Japanese imports.

Ανάσα από Τραμπ σε Toyota, Honda και Subaru

Το ντιλ της Ουάσινγκτον με το Τόκιο κατέβασε τους δασμούς στο 15% από 25% που είχε αρχικά ανακοινωθεί. Οι μετοχές των ιαπωνικών αυτοκινητοβιομηχανιών σημείωσαν άνοδο και η συμφωνία έχει ως αντάλλαγμα την πρόσβαση της Αμερικής σε σημαντικές ιαπωνικές αγορές και επενδύσεις ύψους μισού τρισ. δολαρίων The post Ανάσα από Τραμπ σε Toyota, Honda και Subaru appeared first on Protagon.gr.

Yen steady after Japan-US trade deal announcement

The Japanese Yen was slightly weaker against the dollar on Wednesday after the announcement of a 15% trade tariff on Japanese imports to the US. The Yen had rallied against the dollar in the initial market reaction to the trade deal, but was quickly sold into by traders. 15% tariffs are significantly better than the […] The post Yen steady after Japan-US trade deal announcement appeared first on UK Investor Magazine.