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12 Mar 2025
Japan’s Hayashi: I would like to have close communication with the US over auto tariffs
Japan’s Chief Cabinet Secretary Yoshimasa Hayashi noted on Wednesday that “I would like to have close communication with the US over auto tariffs.”
Additional quotes
It's regrettable that the US went ahead with steel and aluminum tariff despite our request for exemption.
The measure could have a major impact on Japan-US economic relations and the multilateral trade system.
Market reaction
USD/JPY keeps pushing higher, tracking a broad US Dollar rebound, currently trading 0.55% higher on the day at 148.55.