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The Trump administration's "mutual tariff" could actually "cause a tailwind for Japan"
MSN -
04/04
On April 5th, a minimum 10% tariff will finally be imposed on all countries by the Trump administration. Furthermore, mutual tariffs will be imposed on a country-specific basis from midnight on the 9th, with 24% of imports from Japan, as is well known. China has 34%, followed by Taiwan with 32%, and South Korea with 25%. In Southeast Asia, large mutual tariffs will be imposed, including 36% in Thailand, 46% in Vietnam, and Cambodia, and a whopping 49% in that sense...
On April 5th, a minimum 10% tariff will finally be imposed on all countries by the Trump administration. Furthermore, mutual tariffs will be imposed on a country-specific basis from midnight on the 9th, with 24% of imports from Japan, as is well known. China has 34%, followed by Taiwan with 32%, and South Korea with 25%. In Southeast Asia, large mutual tariffs will be imposed, including 36% in Thailand, 46% in Vietnam... [Short citation of 8% of the original article]
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