Economic news(2025/04/09)
The NY Dow temporarily fell by more than $300 due to selling orders caused by China's countermeasures against the US
2025-04-09 22:52:00
On the 9th, the New York Stock Exchange announced that China would impose an 84% tariff on imports from the United States in retaliation for the additional tariffs imposed by the Trump administration in the United States. This resulted in sell orders being placed immediately after trading began, and the Dow Jones Industrial Average temporarily fell by more than $300 compared to the previous day. After that, buying and selling became a mixed bag. Concerns are spreading in the financial markets that trade friction between the United States and China will escalate.
TOP
EU to impose countermeasures against US steel and aluminum tariffs from 15th
2025-04-09 22:45:00
On the 9th, the European Union decided to impose additional tariffs in retaliation for the US imposing 25% tariffs on steel and aluminum products. The tariffs are expected to take effect on April 15th, which could lead to trade friction with the US.
TOP
Finance Minister Kato speaks by phone with Canadian Finance Minister to cooperate in stabilizing financial markets
2025-04-09 22:40:00
Regarding the US tariff measures, on the evening of the 9th, Finance Minister Kato held a telephone conversation with Canadian Finance Minister Champagne, who holds the chair of the G7, and confirmed that they would cooperate to stabilize financial markets.
TOP
[Details] "Reciprocal tariffs" imposed: 24% in Japan; what are the domestic impacts?
2025-04-09 22:35:00
The Trump administration in the United States implemented measures to impose "reciprocal tariffs" on countries and regions with large trade deficits at just after 1pm on the 9th Japan time. A 24% tariff will be imposed on Japan. Combined with the additional 25% tariff on automobiles that was already imposed last week, the impact is expected to extend to a wide range of domestic industries, and it has been pointed out that the shock could cause Japan to fall into negative growth. *Here is a summary of developments in Japan on the 9th due to the imposition of the "reciprocal tariffs."
TOP
Crude oil futures prices fall to $55 per barrel for the first time in about four years and two months
2025-04-09 22:20:00
On the 9th, the crude oil market saw international crude oil futures prices temporarily fall to the $55 per barrel range for the first time in about four years and two months, as concerns grew that the "reciprocal tariffs" imposed by the Trump administration would intensify trade friction between the United States and China and slow the global economy.
TOP
[Details] What will be the impact of the Trump administration's "reciprocal tariffs"? Experts say
2025-04-09 22:11:00
We spoke to Professor Kobayashi Keiichiro of the Keio University Faculty of Economics, who specializes in macroeconomics, about the impact of the Trump administration's tariff policy.
TOP
The yen temporarily rose to the 143 yen range per dollar, the highest level in six months against the dollar
2025-04-09 22:01:00
On the 9th, the foreign exchange market saw an acceleration in the trend of selling dollars and buying yen after the Chinese government announced that it would take countermeasures against the Trump administration's mutual tariffs, and the yen temporarily rose to the 143 yen range per dollar. This is the highest level in about six months since October last year. Concerns are growing that the trade friction between the United States and China will intensify due to the tit-for-tat tariffs, and so the trend of selling dollars and buying yen is progressing.
TOP
Just before the Expo opens: A look at the pavilions of each country and region
2025-04-09 21:05:00
The Osaka-Kansai Expo, which is due to open on the 13th of this month, held a Media Day on the 9th, inviting members of the press. 73 pavilions from Japan and abroad unveiled their exhibits, highlighting their own technologies and cultures.
TOP
[Details] "Reciprocal tariffs" imposed: 24% in Japan; what are the domestic impacts?
2025-04-09 19:38:00
The Trump administration in the United States implemented measures to impose "reciprocal tariffs" on countries and regions with large trade deficits at just after 1pm on the 9th Japan time. A 24% tariff will be imposed on Japan. Combined with the additional 25% tariff on automobiles that was already imposed last week, the impact is expected to extend to a wide range of domestic industries, and it has been pointed out that the shock could cause Japan to fall into negative growth. *Here is a summary of developments in Japan on the 9th due to the imposition of the "reciprocal tariffs."
TOP
Hon Hai Precision Industry eager to collaborate with major Japanese automakers on EVs
2025-04-09 19:33:00
Hon Hai Precision Industry, a major Taiwanese electronics manufacturer, held a briefing in Japan on its business strategy for electric vehicles (EVs), and expressed its enthusiasm for collaborating with major Japanese automakers in areas such as contract production of EVs.
TOP
Seven & i Holdings' final profit declines for second consecutive year due to sluggish overseas convenience stores
2025-04-09 19:30:00
Seven & i Holdings, which is receiving a takeover proposal from a major Canadian convenience store chain, announced its financial results for the year ending in February this year, showing a decline in net profits for the second consecutive year due to sluggish performance in its overseas convenience store business.
TOP
[Details] US Trump administration imposes "reciprocal tariffs" totaling 104% on China
2025-04-09 19:29:00
The Trump administration in the United States implemented measures to impose "reciprocal tariffs" on countries and regions with large trade deficits at around 1:00 pm on the 9th, Japan time. A 24% tariff will be imposed on Japan. In addition, a combined 104% tariff will be imposed on China, which is expected to have a major negative impact on the global economy in the future. *We will summarize the actions taken on the 9th regarding the imposition of "reciprocal tariffs."
TOP
Fiscal Council: "Fiscal management capacity necessary" to respond to risks such as U.S. tariff policy
2025-04-09 19:28:00
Discussions in the advisory body to the Minister of Finance began on the 9th in preparation for the "Basic Policy" that the government is scheduled to decide on around June of this year, and committee members repeatedly expressed the opinion that fiscal management leeway is necessary to respond to risks posed by President Trump's tariff policy and other such policies.
TOP
[Updated regularly] "Reciprocal tariffs" imposed on Japan - 24% of the goods will be imported. What will be the impact on Japan?
2025-04-09 19:18:00
The Trump administration in the United States implemented measures to impose "reciprocal tariffs" on countries and regions with large trade deficits at around 1pm on the 9th, Japan time. A 24% tariff will be imposed on Japan. Combined with the additional 25% tariff on automobiles that was already imposed last week, the impact is expected to extend to a wide range of industries in the country, and it has been pointed out that the shock could cause Japan to fall into negative growth. *We will provide updates on developments in Japan on the 9th due to the imposition of the "reciprocal tariffs."
TOP
[Breaking News] US Trump Administration imposes "reciprocal tariffs" totaling 104% on China
2025-04-09 19:05:00
The Trump administration in the United States implemented measures to impose "reciprocal tariffs" on countries and regions with large trade deficits at around 1:00 pm on the 9th, Japan time. A 24% tariff will be imposed on Japan. In addition, a combined 104% tariff will be imposed on China, which is expected to have a major negative impact on the global economy in the future. *We will provide updates on developments on the 9th regarding the imposition of "reciprocal tariffs" as they occur.
TOP
Nikkei Stock Average temporarily falls by more than 1,700 yen due to concerns over intensifying trade friction between the U.S. and China
2025-04-09 18:56:00
On the 9th, the Tokyo stock market fell across the board as the Trump administration implemented reciprocal tariffs as scheduled at just after 1:00 p.m. Japan time, raising concerns that trade friction between the United States and China would intensify further. The Nikkei average temporarily fell by more than 1,700 yen.
TOP
The yen is rising sharply against the dollar due to concerns about the worsening US economy.
2025-04-09 18:42:00
On the 9th, the Tokyo foreign exchange market saw a widespread selling of the dollar and a significant rise in the yen's value due to the view that the reciprocal tariffs imposed by the Trump administration would cause high inflation in the United States and worsen the economy.
TOP
Governors urge Prime Minister to explain subsidy policy to maintain local railways
2025-04-09 18:26:00
A group of governors met with Prime Minister Ishiba to discuss the future of local railways across the country, requesting that he present his ideas on subsidies for maintaining the lines, as abolishing them could lead to the decline of the regions.
TOP
Ministry of Finance, Financial Services Agency, and Bank of Japan hold extraordinary meeting to confirm support for companies
2025-04-09 18:26:00
As financial markets continue to be unsettled over the tariff policies of the Trump administration in the United States, an emergency meeting was held between executives of the Ministry of Finance, the Financial Services Agency, and the Bank of Japan. They confirmed that they would closely grasp the impact of the series of tariff measures on the economy and financial markets, and would work to stabilize the markets and support companies.
TOP
ETC outage: President of Central Nippon Expressway Co., Ltd.: "We will prepare a manual for handling the issue as soon as possible"
2025-04-09 18:16:00
Regarding the ETC failures that occurred at toll booths and other locations on expressways this month, Central Nippon Expressway Company President Tadashi Nawata said at a press conference on the 9th that one thing to reflect on was the lack of a manual for dealing with wide-area system failures, and expressed his intention to quickly put one in place.
TOP
[Breaking News] Trump administration imposes "reciprocal tariffs" on 60 countries and regions
2025-04-09 17:58:00
The Trump administration in the United States implemented measures to impose "reciprocal tariffs" on countries and regions with large trade deficits at just after 1:00 pm on the 9th, Japan time. The measures were implemented on the 5th of this month, raising tariffs by a flat 10% on all countries and regions, resulting in a 24% tariff on Japan, which is expected to have a major impact on the global economy. *We will provide updates on developments on the 9th regarding the imposition of "reciprocal tariffs" as they occur.
TOP
[Updated regularly] "Reciprocal tariffs" imposed on Japan - 24% of the goods will be imported. What will be the impact on Japan?
2025-04-09 17:51:00
The Trump administration in the United States implemented measures to impose "reciprocal tariffs" on countries and regions with large trade deficits at around 1pm on the 9th, Japan time. A 24% tariff will be imposed on Japan. Combined with the additional 25% tariff on automobiles that was already imposed last week, the impact is expected to extend to a wide range of industries in the country, and it has been pointed out that the shock could cause Japan to fall into negative growth. *We will provide updates on developments in Japan on the 9th due to the imposition of the "reciprocal tariffs."
TOP
Stock market volatility: Finance Ministry's Vice-Minister Mimura "Take every possible measure to maintain stability"
2025-04-09 17:29:00
In response to the stock market volatility over President Trump's tariff policy, on the evening of the 9th, after an emergency meeting was held by the Ministry of Finance, the Financial Services Agency, and the Bank of Japan, Finance Ministry Vice-Minister Mimura responded to questions from reporters, saying, "We will closely grasp the impact on Japan's economy, markets, industry, etc., and provide necessary support such as cash flow measures that take into account the impact on domestic industry and employment. As the series of tariff measures will have a significant negative impact on the economies of countries around the world, the three parties reaffirmed that we will take all possible measures to maintain the stability of the world's financial markets and financial systems." In addition, in response to U.S. Treasury Secretary Bessent's intention to hold discussions with Japan on currency, he said, "I will not make any preconceived predictions about what discussions we will have with the U.S. side in the future, but it is naturally important that exchange rates remain stable, reflecting fundamentals (= economic conditions)."
TOP
Gasoline price reaches 186.3 yen per liter, second highest since survey began
2025-04-09 16:26:00
The national average retail price of regular gasoline as of the 7th was 186.3 yen per liter, up 1.4 yen from the previous week. The government is providing subsidies to keep the price at around 185 yen, but the price temporarily exceeded this figure, reaching the second highest level since the survey began.
TOP
Tokyo stock market falls across the board as reciprocal tariffs are imposed, with stock prices dropping by more than 1,700 yen at one point
2025-04-09 15:50:00
On the 9th, the Tokyo stock market fell across the board as the Trump administration implemented reciprocal tariffs as scheduled at just after 1:00 p.m. Japan time, raising concerns that trade friction between the United States and China would intensify further. The Nikkei average temporarily fell by more than 1,700 yen.
TOP
[Updated regularly] "Reciprocal tariffs" imposed on Japan - 24% of the goods will be imported. What will be the impact on Japan?
2025-04-09 15:08:00
The Trump administration in the United States implemented measures to impose "reciprocal tariffs" on countries and regions with large trade deficits at around 1pm on the 9th, Japan time. A 24% tariff will be imposed on Japan. Combined with the additional 25% tariff on automobiles that was already imposed last week, the impact is expected to extend to a wide range of industries in the country, and it has been pointed out that the shock could cause Japan to fall into negative growth. *We will provide updates on developments in Japan on the 9th due to the imposition of the "reciprocal tariffs."
TOP
Trump tariffs cause stock market volatility; Finance Ministry, Financial Services Agency, and Bank of Japan to hold emergency meeting
2025-04-09 15:05:00
As financial markets continue to be turbulent, with stock prices fluctuating wildly over the tariff policy of the Trump administration in the United States, the Ministry of Finance, the Financial Services Agency, and the Bank of Japan have announced that they will hold an emergency meeting of their executives. They are expected to analyze market trends and exchange opinions on future responses.
TOP
[Breaking News] Trump administration imposes "reciprocal tariffs" on 60 countries and regions
2025-04-09 14:59:00
The Trump administration in the United States implemented measures to impose "reciprocal tariffs" on countries and regions with large trade deficits at just after 1:00 pm on the 9th, Japan time. The measures were implemented on the 5th of this month, raising tariffs by a flat 10% on all countries and regions, resulting in a 24% tariff on Japan, which is expected to have a major impact on the global economy. *We will provide updates on developments on the 9th regarding the imposition of "reciprocal tariffs" as they occur.
TOP
[Breaking News] Trump Administration imposes "reciprocal tariffs" on 60 countries and regions: Japan 24%
2025-04-09 13:59:00
The Trump administration in the United States implemented measures to impose "reciprocal tariffs" on countries and regions with large trade deficits at just after 1:00 pm on the 9th, Japan time. The measures were implemented on the 5th of this month, raising tariffs by a flat 10% on all countries and regions, resulting in a 24% tariff on Japan, which is expected to have a major impact on the global economy. *We will provide updates on developments on the 9th regarding the imposition of "reciprocal tariffs" as they occur.
TOP
Stock prices temporarily fall by more than 1,700 yen due to concerns over the impact of mutual tariffs on the global economy
2025-04-09 13:51:00
On the 9th, the Tokyo Stock Exchange saw the Nikkei average fall further in the afternoon, dropping by more than 1,700 yen. With the Trump administration imposing reciprocal tariffs and raising additional tariffs on China to a combined total of 104%, investors are wary that trade friction between the US and China will intensify more than expected, which could have a serious impact on the entire global economy.
TOP
[Updated regularly] What is the impact of "reciprocal tariffs" on Japan?
2025-04-09 13:28:00
The Trump administration in the United States implemented measures to impose "reciprocal tariffs" on countries and regions with large trade deficits at around 1pm on the 9th, Japan time. A 24% tariff will be imposed on Japan. Combined with the additional 25% tariff on automobiles that was already imposed last week, the impact is expected to extend to a wide range of industries in the country, and it has been pointed out that the shock could cause Japan to fall into negative growth. *We will provide updates on developments in Japan on the 9th due to the imposition of the "reciprocal tariffs."
TOP
[Breaking News] Trump Administration imposes "reciprocal tariffs" on 60 countries and regions: Japan 24%
2025-04-09 13:17:00
The Trump administration in the United States implemented measures to impose "reciprocal tariffs" on countries and regions with large trade deficits at just after 1:00 pm on the 9th, Japan time. The measures were implemented on the 5th of this month, raising tariffs by a flat 10% on all countries and regions, resulting in a 24% tariff on Japan, which is expected to have a major impact on the global economy. *We will provide updates on developments on the 9th regarding the imposition of "reciprocal tariffs" as they occur.
TOP
[Updated regularly] What impact will the imposition of "reciprocal tariffs" have on Japan?
2025-04-09 13:08:00
The Trump administration in the United States will impose "reciprocal tariffs" on the afternoon of the 9th, Japan time, imposing a 24% tariff on imports from Japan. Combined with the additional 25% tariff on automobiles that was already imposed last week, the impact is expected to extend to a wide range of domestic industries, and it has been pointed out that the shock could cause Japan to fall into negative growth. *We will provide updates on developments in Japan on the 9th due to the imposition of the "reciprocal tariffs."
TOP
[Updated regularly] What impact will the imposition of "reciprocal tariffs" have on Japan?
2025-04-09 12:10:00
The Trump administration in the United States will impose "reciprocal tariffs" on the afternoon of the 9th, Japan time, imposing a 24% tariff on imports from Japan. Combined with the additional 25% tariff on automobiles that was already imposed last week, the impact is expected to extend to a wide range of domestic industries, and it has been pointed out that the shock could cause Japan to fall into negative growth. *We will provide updates on developments in Japan on the 9th due to the imposition of the "reciprocal tariffs."
TOP
Nikkei average temporarily falls by more than 1,300 yen amid concerns over tariffs intensifying friction between the U.S. and China
2025-04-09 12:08:00
On the 9th, the Tokyo stock market was in a state of decline across the board, with the Nikkei Stock Average dropping by more than 1,300 yen at one point, as concerns grew over further intensifying trade friction between the US and China over the Trump administration's mutual tariffs.
TOP
[Updated regularly] US "reciprocal tariffs" to be implemented at around 1pm, China to 104%
2025-04-09 11:59:00
The Trump administration in the United States will impose "reciprocal tariffs" targeting countries and regions with large trade deficits at just after 1pm Japan time. The White House has revealed that nearly 70 countries have already contacted them, requesting a review of measures including the reciprocal tariffs, and the outcome of negotiations with each country will be the focus of attention. Meanwhile, the administration plans to raise additional tariffs on China to a total of 104%, and concerns are growing about the impact of the intensifying US-China conflict on the global economy. *We will provide updates on developments on the 9th regarding the imposition of "reciprocal tariffs" as they occur.
TOP
[Updated regularly] What impact will the imposition of "reciprocal tariffs" have on Japan?
2025-04-09 11:05:00
The Trump administration in the United States will impose "reciprocal tariffs" on imports from Japan on the afternoon of the 9th (Japan time), imposing a 24% tariff on imports from Japan. Combined with the additional 25% tariff on automobiles that was already imposed last week, the impact is expected to extend to a wide range of domestic industries, and it has been pointed out that the shock could cause Japan to fall into negative growth.
TOP
[Updated regularly] US "reciprocal tariffs" to be imposed in the afternoon, focus shifts to negotiations with other countries
2025-04-09 10:32:00
The Trump administration in the United States will impose "reciprocal tariffs" on countries and regions with large trade deficits on the afternoon of the 9th (Japan time). As the focus shifts to the outcome of negotiations with various countries seeking a review of the tariff measures, President Trump posted on social media that he is "waiting for a call from China," suggesting that there is room for negotiation even with China, with whom the conflict is intensifying.
TOP
The yen is rising sharply against the dollar due to concerns about the worsening US economy.
2025-04-09 10:12:00
On the 9th, the Tokyo foreign exchange market saw a widespread sell-off of dollars due to concerns that the US economy would worsen due to high inflation, following the announcement by the US that it would raise additional tariffs on China to a combined total of 104%. This led to a significant rise in the value of the yen as the yen strengthened against the dollar.
TOP
Nikkei average temporarily falls by more than 1,300 yen due to concerns over intensifying US-China trade friction
2025-04-09 09:59:00
On the 9th, the Tokyo Stock Exchange saw a rise in sell orders immediately after trading began due to growing concerns that trade friction between the United States and China would intensify further over the Trump administration's mutual tariffs, and the Nikkei average temporarily fell by more than 1,300 yen.
TOP
Asia-Pacific economic growth expected to slow, Asian Development Bank
2025-04-09 09:18:00
The Asian Development Bank has forecast that the growth rate of the Asia-Pacific region will be 4.9% this year, lower than last year, and 4.7% next year, due to the Trump administration's tariff policies and trade uncertainty. This forecast does not include the "reciprocal tariffs" that will be implemented on the 9th, and there is a risk of further economic slowdown.
TOP
Nikkei average stock price falls by more than 1,000 yen due to concerns over intensifying trade friction between the U.S. and China
2025-04-09 09:10:00
Today, the Tokyo Stock Exchange saw the Nikkei average fall by more than 1,000 yen as concerns grew over the Trump administration's mutual tariffs that would further intensify trade friction between the United States and China. On the 8th, a White House spokesman revealed that additional tariffs on Chinese goods would be raised to a combined 104%, and investors are wary that trade friction between the United States and China will intensify more than expected, causing serious effects on the entire global economy.
TOP
[Explanatory video] What impact will "reciprocal tariffs" have on the Japanese economy? How will negotiations proceed?
2025-04-09 07:59:00
Based on the size of the trade deficit with the United States, the Trump administration will impose "reciprocal tariffs" on approximately 60 countries and regions, including Japan, at just after midnight on the 9th Eastern Time, or just after 1:00 pm on the 9th Japan time. The tariff rates of the targeted countries and regions will be raised from the 10% that is already imposed across the board, and Japan will be subject to a 24% tariff. We will explain the impact on the Japanese economy and how the negotiations will proceed in this explanatory video.
TOP
US to impose "reciprocal tariffs" today - focus shifts to the outcome of negotiations with other countries
2025-04-09 06:05:00
The Trump administration in the United States will impose "reciprocal tariffs" on countries and regions with large trade deficits on the afternoon of the 9th (Japan time). As the focus shifts to the outcome of negotiations with various countries seeking a review of the tariff measures, President Trump posted on social media that he is "waiting for a call from China," suggesting that there is room for negotiation even with China, with whom the conflict is intensifying.
TOP
Seven & i Holdings to expand self-checkouts and dramatically improve operational efficiency
2025-04-09 05:44:00
As the labor shortage at convenience stores becomes more serious, Seven & i Holdings has decided to significantly improve the efficiency of its operations by expanding the introduction of self-checkouts. At the same time, the company plans to increase sales by selling bread and other items cooked in-store, and attention is focused on whether this will lead to an increase in the company's value, which has been an issue for the company.
TOP
The NY Dow rose by over $1,400 at one point, but then fell by over $800 at one point.
2025-04-09 05:44:00
On the 8th, the Dow Jones Industrial Average on the New York Stock Exchange rose by more than $1,400 from the 7th, but the market suddenly turned around and sell orders became dominant due to concerns that trade friction between the United States and China would intensify following the Trump administration's "mutual tariffs," and the closing price fell by $320.
TOP
Truck drivers: One year since overtime restrictions were put into effect, no progress in improving the situation
2025-04-09 05:25:00
About a year has passed since regulations on overtime work were applied to truck drivers and other workers, but a survey conducted by an industry group revealed that about 30% of businesses responded that they have drivers who are unable to comply with the regulations, revealing that no progress has been made in improving the situation.
TOP
US spokesman: "Additional tariffs on China to be raised to 104%"
2025-04-09 03:09:00
White House Press Secretary Levitt announced at a press conference on the 8th that the additional tariffs on China would be raised to a combined 104% at just after midnight on the 9th Eastern Time. The Trump administration has already imposed additional tariffs of 20% on China, and plans to add a reciprocal tariff of 34% on the 9th, but President Trump has made it clear that he intends to impose an additional 50% tariff if China does not withdraw its countermeasures against the reciprocal tariffs.
TOP
