Japan PM Ishiba: US tariffs are extremely unfortunate
JPY
- Shares serious concern whether US tariffs are compatible with trade agreements
- Will continue to demand US to reconsider tariff measures
- Will not hesitate to directly approach US president Trump if appropriate
In other words, they won't be doing anything and that is as expected considering the nature of their alliance. Japan was slapped with 24% tariffs as noted here.
Source: Forex Live