Bank of Japan Governor Warns of Global Economic Risks from New U.S. Tariffs

Bank of Japan Governor Warns of Global Economic Risks from New U.S. Tariffs

Kazuo Ueda, Governor of the Bank of Japan, has expressed concerns that the newly proposed U.S. tariffs could significantly impact global trade and economic growth. Speaking before Japan’s parliament, Ueda highlighted the uncertainty surrounding these tariffs, noting that while they may increase U.S. inflation in the short term, their long-term effects remain unpredictable. He emphasized the need for vigilance in setting monetary policy amid these developments.

#bankofjapan #KazuoUeda #USTariffs #GlobalTrade #EconomicGrowth #monetarypolicy