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90-day reprieve from U.S. reciprocal tariffs "positive": Japan

  • On April 10, 2025, Donald Trump paused reciprocal tariffs for 90 days, excluding China.
  • The United States had recently implemented a 24 percent duty on Japanese goods.
  • This pause provided immediate relief to financial markets after recent sell-offs.
  • Yoshimasa Hayashi stated, "We take the U.S. Announcement as a positive development."
  • Japan will still urge the U.S. To remove remaining tariffs on various products.
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José Cárdenas broke the news in on Thursday, April 10, 2025.
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