How are Trump’s tariffs affecting Japan? #japan #japanbusiness #tariffs
trump’s tariffs have affected all markets quite profoundly um and they’ve been very volatile uh since he made his announcement on liberation day uh and japanese markets you know have not been able to avoid that any more than any anybody else um it’s ironic because one of the uh effects of uh what he’s done uh apart from the whipsoring in markets is he’s considerably weakened the dollar and this was already uh underway in japan uh because even before um the administration uh launched the latest excitements um the japanese authorities were starting to raise interest rates and this was having the effect which we’ve long been expecting of strengthe ing the yen so um one of the things i think that may come out of the the whole tariff shenanigans is actually the yen will continue to strengthen albeit maybe the japanese authorities will not be in such a hurry to raise rates um we’ll see [Music]
How are Trumps Tariffs affecting the Japanese business market?
Expert analysis from Paul Folkes Davis who has managed and invested in Japanese businesses for over 30 years. Paul is one of the managers of the Nippon Active Value Fund, which is listed on the London Stock Exchange with the ticker / identifier LON: NAVF