Trump Floats Japan Tariff, Hassett Says Deals After July 4

President Donald Trump has signaled a potential new round of tariffs targeting Japan, further intensifying global trade tensions. The comments come amid ongoing negotiations with several U.S. trading partners. White House economic adviser Kevin Hassett stated that any formal trade deals are unlikely to be finalized before the U.S. Independence Day on July 4. He suggested that significant developments could occur after the holiday, as the administration continues to push for what it views as fairer trade terms. Trump’s mention of possible tariffs on Japan follows a pattern of aggressive trade strategies that have already led to tariffs on China, the European Union, and others. While no specific timeline or sectors were mentioned, the move raises concerns among investors and international partners about the stability of existing trade relationships. Market analysts remain cautious, awaiting further clarity on whether the threat will materialize into policy or serve as a negotiation tactic.

ECONOMICS