Bank of Japan Governor: US Tariff Policy Will Impact Japanese Economy

According to a report by Golden Finance, Bank of Japan Governor Kazuo Ueda stated on the 17th that the US tariff policy will impact the Japanese economy and may have a negative impact on the international financial and capital markets. Kazuo Ueda said that the US tariff policy not only directly affects trade activities, but also leads to increased uncertainty and impacts the confidence of businesses and households. He believes that the US tariff policy will exert downward pressure on the Japanese economy. He stated that it is now necessary to assess the impact of tariffs on the economy and price prospects without prior assumptions, and based on this, make prudent decisions on appropriate financial policies.