Economic news(2025/04/10)
NY Stocks Dow Jones Industrial Average falls by $1,000 from the previous day
2025-04-10 23:17:00
On the 10th, the New York Stock Exchange saw the Dow Jones Industrial Average temporarily drop by $1,000 compared to the 9th. Following President Trump's announcement that he would suspend "reciprocal tariffs," the Dow Jones Industrial Average rose by more than $2,900 on the 9th, its largest increase ever, but on the 10th, sell orders were dominant due to concerns about the future of trade friction between the U.S. and China.
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US President suspends mutual tariffs for 90 days, aiming to calm financial market turmoil
2025-04-10 22:02:00
US President Trump announced that he would suspend the "reciprocal tariffs" that were just imposed on the 9th for 90 days. There is a widespread view that the unusual decision is intended to calm financial market turmoil. Meanwhile, he announced that he would raise additional tariffs on Chinese products to 125%, further intensifying the exchange of words between the two countries.
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Honda's Senior Managing Director Katsushi Inoue to be promoted to director, replacing resigned vice president
2025-04-10 22:00:00
Honda has decided to promote Senior Managing Director Katsushi Inoue, who serves as head of the Automobile Business Unit, to director, replacing the executive vice president who resigned on the 7th of this month for inappropriate behavior at a social gathering outside of work hours.
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Tax cuts and cash handouts: ruling and opposition parties make comments amid rising prices and US tariffs
2025-04-10 21:09:00
As a response to rising prices and US tariff measures, there are voices within the ruling party calling for cash handouts and tax cuts, and Komeito leader Saito expressed the view that cash handouts should be considered as a stopgap measure until tax cuts are realized. In response, the opposition parties have voiced their preference for tax cuts rather than cash handouts, and it is expected that the debate will become more lively in the future. In addition to summarizing the positions of each party, the latter half of the article also explains the amount of handouts, budget size, and financial sources of past government implementations.
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Former Democratic Party representative Eda and others to propose "zero consumption tax on food for the time being"
2025-04-10 20:56:00
At a meeting of volunteer lawmakers, former head of the Constitutional Democratic Party of Japan, Eda and others presented a draft proposal that calls for the abolition of consumption tax on food for the time being. They plan to ask the executive branch to introduce this as an emergency economic policy from next week onwards.
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US President suspends mutual tariffs for 90 days, aiming to calm financial market turmoil
2025-04-10 20:17:00
US President Trump announced that the "reciprocal tariffs" measures that were just implemented on the 9th would be suspended for 90 days. There is a widespread view that the unusual decision is aimed at calming financial market turmoil. Meanwhile, the US has announced that it will raise additional tariffs on China to 125%, further intensifying the exchange of words between the two countries. Following President Trump's announcement, European Commission President Ursula von der Leyen revealed on the 10th that the EU would suspend the implementation of additional tariffs on the US, which were scheduled to begin on the 15th of this month, for 90 days.
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Makino Milling Machine to launch countermeasures against NIDEK TOB
2025-04-10 20:14:00
As electronic parts giant NIDEK moves ahead with a tender offer to acquire machine tool manufacturer Makino Milling Machine Co., Ltd., Makino Milling Machine has decided to launch a countermeasure. Even if the TOB is successful, Makino Milling Machine Co., Ltd. will significantly reduce its shareholding ratio, and NIDEK will consider taking legal action.
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Former Murakami Fund's Murakami daughter and others acquire 11% of Fuji's parent company's shares
2025-04-10 20:09:00
It has been discovered that the eldest daughter of Yoshiaki Murakami, the former founder of the Murakami Fund, who has been buying up shares in Fuji Television's parent company, has further increased her stake, bringing her total to over 11%. This exceeds the holdings of the largest shareholder as of September last year, and as a major shareholder, their future actions will be closely watched.
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China imposes additional tariffs of 84% on US imports
2025-04-10 19:46:00
In response to the "reciprocal tariffs" and other additional tariffs imposed by the Trump administration in the United States, the Chinese government imposed an additional tariff of 84% on imports from the United States at around 1:00 p.m. on the 10th (Japan time). Concerns are growing that the intensification of trade friction between the United States and China will have a serious impact on the global economy. In addition, Chinese Foreign Ministry spokesman Lin Jian said at a press conference on the 10th, "I would like to reiterate that there are no winners in a tariff war or a trade war. The Chinese side does not want to fight, but we are never afraid. We will never sit idly by and watch the legitimate rights and interests of the Chinese people being taken away and the multilateral trading system being destroyed." He then emphasized that "Sacrificing the legitimate interests of each country to benefit American hegemony will surely receive even stronger opposition from the international community."
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"Mutual tariffs suspended for 90 days": Reaction in Japan
2025-04-10 19:44:00
US President Trump announced that he would suspend "reciprocal tariffs" for 90 days against countries and regions that do not take retaliatory measures against those with large trade deficits. Various movements and reactions were seen in Japan, including a significant rise in stock prices on the 10th. *Here is a summary of the movements in Japan.
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Asian stock prices surge following announcement of 90-day suspension of "reciprocal tariffs"
2025-04-10 19:29:00
On the 10th, major Asian stock markets saw a sharp rise in prices after US President Trump announced that he would suspend "reciprocal tariffs" for 90 days against countries that do not take retaliatory measures against each other.
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People's Party leader Tamaki calls on the government to "reduce the consumption tax rate to a uniform 5%"
2025-04-10 19:20:00
Regarding how to respond to rising prices and US tariffs, Democratic Party for the People leader Tamaki met with Chief Cabinet Secretary Hayashi and called for the swift preparation of this year's supplementary budget and for consideration of lowering the consumption tax rate to a uniform 5%, citing the need for flexible economic measures to prepare for a possible economic downturn.
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MinebeaMitsumi to launch TOB for Shibaura Electronics "Agrees with acquisition proposal"
2025-04-10 19:05:00
Precision parts manufacturer MinebeaMitsumi has announced that it will begin a tender offer this month to acquire temperature sensor manufacturer Shibaura Electronics. Shibaura Electronics has opposed a takeover proposal from a Taiwanese company and will support the takeover by MinebeaMitsumi.
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Yen falls as dollar buybacks move after announcement of 90-day suspension of mutual tariffs
2025-04-10 18:50:00
On the 10th, the Tokyo foreign exchange market saw the yen fall compared to the 9th, as the dollar continued to be bought back, following the announcement by US President Trump that he would suspend retaliatory measures against countries that do not take "reciprocal tariffs" for 90 days. This was in line with the trend in overseas markets where the yen weakened and the dollar strengthened against the dollar.
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US President suspends mutual tariffs for 90 days, aiming to calm financial market turmoil
2025-04-10 18:46:00
US President Trump announced that he would suspend the "reciprocal tariffs" that were just imposed on the 9th for 90 days. There is a widespread view that the unusual decision is intended to calm financial market turmoil. Meanwhile, he announced that he would raise additional tariffs on Chinese products to 125%, further intensifying the exchange of words between the two countries.
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Former Murakami Fund's Murakami daughter and others acquire 11% of Fuji's parent company's shares
2025-04-10 18:16:00
It has been discovered that the eldest daughter of Yoshiaki Murakami, the former founder of the Murakami Fund, who has been buying up shares in Fuji Television's parent company, has further increased her stake, bringing her total to over 11%. This exceeds the holdings of the largest shareholder as of September last year, and as a major shareholder, their future actions will be closely watched.
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"Mutual tariffs suspended for 90 days": Reaction in Japan
2025-04-10 18:15:00
US President Trump announced that he would suspend "reciprocal tariffs" for 90 days against countries and regions that do not take retaliatory measures against those with large trade deficits. Various movements and reactions were seen in Japan, including a significant rise in stock prices on the 10th. *Here is a summary of the movements in Japan.
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MinebeaMitsumi to launch TOB for Shibaura Electronics "Agrees with acquisition proposal"
2025-04-10 18:07:00
Precision parts manufacturer MinebeaMitsumi has announced that it will begin a tender offer this month to acquire temperature sensor manufacturer Shibaura Electronics. Shibaura Electronics has opposed a takeover proposal from a Taiwanese company and will support the takeover by MinebeaMitsumi.
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Statements from ruling and opposition parties over tax cuts and cash handouts amid rising prices and US tariffs
2025-04-10 18:00:00
As a response to rising prices and US tariffs, there are voices within the ruling party calling for cash handouts and tax cuts, and Komeito leader Saito expressed the view that cash handouts should be considered as a stopgap measure until tax cuts are realized. In response, the opposition parties have repeatedly voiced their preference for tax cuts rather than cash handouts, and the debate is expected to become more lively in the future.
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China imposes additional tariffs of 84% on US imports
2025-04-10 17:56:00
In response to the "reciprocal tariffs" and other additional tariffs imposed by the Trump administration in the United States, the Chinese government imposed an additional tariff of 84% on imports from the United States at around 1:00 p.m. on the 10th (Japan time). Concerns are growing that the intensification of trade friction between the United States and China will have a serious impact on the global economy. In addition, Chinese Foreign Ministry spokesman Lin Jian said at a press conference on the 10th, "I would like to reiterate that there are no winners in a tariff war or a trade war. The Chinese side does not want to fight, but we are never afraid. We will never sit idly by and watch the legitimate rights and interests of the Chinese people being taken away and the multilateral trading system being destroyed." He then emphasized that "Sacrificing the legitimate interests of each country to benefit American hegemony will surely receive even stronger opposition from the international community."
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US President suspends mutual tariffs for 90 days, aiming to calm financial market turmoil
2025-04-10 17:39:00
US President Trump announced that he would suspend the "reciprocal tariffs" that were just imposed on the 9th for 90 days. The unusual decision is widely seen as being aimed at calming financial market turmoil that could damage the US economy. On the other hand, he announced that he would raise additional tariffs on China to 125%, further intensifying the exchange of words between the two countries.
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JA Zenchu Chairman: "We will strive for smooth distribution of stockpiled rice" - Rice to be released monthly until summer
2025-04-10 17:05:00
In response to Agriculture, Forestry and Fisheries Minister Eto's announcement that the government will release its stockpiled rice every month until this summer, JA Zenchu (National Federation of Agricultural Cooperative Associations), Chairman Yamano Toru, stated his intention to continue cooperating with the government to ensure the smooth distribution of rice.
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MinebeaMitsumi to launch TOB for Shibaura Electronics "Agrees with acquisition proposal"
2025-04-10 16:53:00
Precision parts manufacturer MinebeaMitsumi has announced that it will begin a tender offer this month to acquire temperature sensor manufacturer Shibaura Electronics. Shibaura Electronics has opposed a takeover proposal from a Taiwanese company and will support the takeover by MinebeaMitsumi.
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US President suspends mutual tariffs for 90 days, aiming to calm financial market turmoil
2025-04-10 16:48:00
US President Trump announced that he would suspend the "reciprocal tariffs" that were just imposed on the 9th for 90 days. The unusual decision is widely seen as being aimed at calming financial market turmoil that could damage the US economy. On the other hand, he announced that he would raise additional tariffs on China to 125%, further intensifying the exchange of words between the two countries.
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"Mutual tariffs suspended for 90 days": Reaction in Japan
2025-04-10 16:40:00
US President Trump announced that he would suspend "reciprocal tariffs" for 90 days against countries and regions that do not take retaliatory measures against those with large trade deficits. Various movements and reactions were seen in Japan, including a significant rise in stock prices on the 10th. *Here is a summary of the movements in Japan.
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Stock prices rise by nearly 2,900 yen, the second-largest increase in history, due to temporary suspension of mutual tariffs
2025-04-10 16:14:00
On the 10th, the Tokyo stock market saw a rapid increase in the buying back of stocks that had previously fallen sharply, and the Nikkei average rose by nearly 2,900 yen at the closing price, the second largest increase in history.
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JFE Steel to invest over 300 billion yen to build world's largest electric furnace in Okayama
2025-04-10 15:55:00
As part of efforts toward decarbonization, JFE Steel, a major steel manufacturer, has decided to invest over 300 billion yen in building the world's largest electric furnace at its steelworks in Okayama Prefecture.
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US President suspends mutual tariffs for 90 days, aiming to calm financial market turmoil
2025-04-10 14:40:00
US President Trump announced that he would suspend the "reciprocal tariffs" that were just imposed on the 9th for 90 days. The unusual decision is widely seen as being aimed at calming financial market turmoil that could damage the US economy. On the other hand, he announced that he would raise additional tariffs on China to 125%, further intensifying the exchange of words between the two countries.
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KDDI launches direct communication service between "Starlink" and smartphones
2025-04-10 14:20:00
KDDI announced that it has started a service that allows direct communication between the satellite communication network "Starlink" and smartphones from the 10th. It says that this service will enable users to exchange messages even in mountainous areas and at sea, which were previously out of range of mobile phone communication.
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Long-term interest rates: 10-year government bond yields temporarily rise to 1.40%
2025-04-10 14:10:00
On the bond market on the 10th, selling of Japanese government bonds intensified, and the yield on 10-year government bonds, which is a representative indicator of long-term interest rates, rose temporarily to 1.40%. Due to concerns over President Trump's tariff policy, government bonds have been bought as a relatively safe asset recently, and long-term interest rates have been falling rapidly, but they have now suddenly started to rise, making the movement unstable.
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The yuan hits its lowest level in 17 years and four months, as China is seen as accepting a weaker currency.
2025-04-10 13:43:00
On the 10th, in the Shanghai foreign exchange market, the view spread that China would tolerate a weakening of its currency in order to mitigate the impact on exports in response to the significant increase in additional tariffs imposed by the Trump administration in the United States, and the yuan briefly hit its lowest level against the dollar in 17 years and 4 months.
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China imposes additional tariffs of 84% on US imports
2025-04-10 13:31:00
The Chinese government responded to the additional tariffs, such as "reciprocal tariffs," imposed by the Trump administration in the United States on the 10th at around 1:00 p.m. Japan time, by imposing an additional tariff of 84% on imports from the United States. Concerns are growing that the intensification of trade friction between the United States and China will have a serious impact on the global economy.
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China imposes additional tariffs of 84% on US imports
2025-04-10 13:11:00
The Chinese government responded to the additional tariffs, such as "reciprocal tariffs," imposed by the Trump administration in the United States on the 10th at around 1:00 p.m. Japan time, by imposing an additional tariff of 84% on imports from the United States. Concerns are growing that the intensification of trade friction between the United States and China will have a serious impact on the global economy.
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US President suspends mutual tariffs for 90 days, aiming to calm financial market turmoil
2025-04-10 12:46:00
US President Trump announced that he would suspend the "reciprocal tariffs" that were just imposed on the 9th for 90 days. The unusual decision is widely seen as being aimed at calming financial market turmoil that could damage the US economy. On the other hand, he announced that he would raise additional tariffs on China to 125%, further intensifying the exchange of words between the two countries.
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Asian stock prices surge following announcement of 90-day suspension of "reciprocal tariffs"
2025-04-10 12:44:00
On the 10th, major Asian stock markets saw a sharp rise in stock prices across the country following US President Trump's announcement that he would suspend "reciprocal tariffs" for 90 days against countries that do not take retaliatory measures against each other.
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US Fed March meeting: "Tariff hikes increase risk of economic growth downturn"
2025-04-10 12:27:00
The minutes of the March meeting of the Federal Reserve Board of the United States, where the Board of Governors decided not to cut interest rates for the second consecutive meeting, have been released. It was revealed that participants pointed out that the Trump administration's tariff hikes increase the risk of a downturn in employment and economic growth, while increasing the risk of an upturn in inflation.
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Former US Commerce Secretary: "Aim is to isolate China" with temporary suspension of mutual tariffs
2025-04-10 12:19:00
Wilbur Ross, who served as Secretary of Commerce during the first term of the Trump administration, gave an interview to NHK in which he said that President Trump's decision to increase reciprocal tariffs on China and suspend those measures against Japan and other countries for 90 days was "part of a process to isolate China," and expressed the view that it was part of an effort to increase pressure on China.
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US President suspends mutual tariffs for 90 days, aiming to calm financial market turmoil
2025-04-10 12:12:00
US President Trump announced that he would suspend the "reciprocal tariffs" that were just imposed on the 9th for 90 days. The unusual decision is widely seen as being aimed at calming financial market turmoil that could damage the US economy. On the other hand, he announced that he would raise additional tariffs on China to 125%, further intensifying the exchange of words between the two countries.
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Komeito leader Saito: "Tax cuts are necessary. Consider providing cash as a stopgap measure" due to rising prices
2025-04-10 11:59:00
Komeito leader Saito pointed out that tax cuts are necessary to ease the burden on households and businesses caused by rising prices and U.S. tariffs, and expressed the view that cash payments should be considered as a stopgap measure until tax cuts can be realized.
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Stock price temporarily rises by more than 2,800 yen, the second largest increase during trading hours in history
2025-04-10 11:57:00
On the 10th, the Tokyo Stock Exchange saw a significant rise in stock prices as concerns about the future of the economy eased following President Trump's announcement that he would suspend "reciprocal tariffs" for 90 days against countries that do not take retaliatory measures against each other. The Nikkei average rose by more than 2,800 yen at one point, the second-largest increase during trading hours in history.
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Corporate Price Index in March increased 4.2% year-on-year
2025-04-10 11:16:00
Last month's Corporate Price Index, which indicates the prices of goods traded between companies, rose 4.2% compared to the same month last year, due in part to rising rice prices.
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US President suspends reciprocal tariffs for 90 days, imposes additional tariffs of 125% on China
2025-04-10 10:35:00
US President Trump announced that he would suspend "reciprocal tariffs" for 90 days for countries and regions that do not take retaliatory measures against them, targeting countries and regions with large trade deficits. On the other hand, he announced that he would raise additional tariffs on imports from China to 125%, taking an even tougher stance against China.
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Stock prices rise by more than 2,800 yen at one point following the announcement of a 90-day suspension of "reciprocal tariffs"
2025-04-10 10:04:00
On the 10th, the Tokyo stock market saw a sharp rise in the Nikkei average as concerns about the future of the global economy eased following US President Trump's announcement that he would suspend "reciprocal tariffs" for 90 days against countries that do not take retaliatory measures against each other.
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Stock prices rise by over 2,000 yen following the announcement of a 90-day suspension of "reciprocal tariffs"
2025-04-10 09:13:00
On the 10th, the Tokyo stock market saw a rise of more than 2,000 yen in the Nikkei average as concerns about the future of the global economy eased following US President Trump's announcement that he would suspend "reciprocal tariff" measures for 90 days against countries that do not take retaliatory measures.
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Corporate Price Index in March increased 4.2% year-on-year
2025-04-10 09:07:00
The Corporate Price Index, which shows the prices of goods traded between companies, rose 4.2% in March compared to the same month last year, up from 4.1% in February.
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Yen falls sharply following announcement of 90-day suspension of "reciprocal tariffs"
2025-04-10 09:04:00
On the 10th, the Tokyo foreign exchange market saw a rapid rise in buying back of dollars that had been sold following US President Trump's announcement that he would suspend retaliatory measures against countries that do not take "reciprocal tariffs" for 90 days, and the yen fell significantly compared to the 9th. A market insider commented, "With the announcement of a 90-day suspension of reciprocal tariffs, excessive concerns about the future of the US economy appear to have subsided for the time being. However, it is unclear how each country will proceed with negotiations with the US, so volatile price movements are likely to continue for the time being."
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NY Dow rises by more than $2,900, the largest increase in history, following announcement of 90-day suspension of mutual tariffs
2025-04-10 08:52:00
On the 9th, the New York Stock Exchange saw a large increase of over $2,900 compared to the previous day, the largest increase ever. This was due to a sense of relief spreading after President Trump announced that he would suspend "reciprocal tariffs" for 90 days for countries that do not take retaliatory measures against the United States.
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US President suspends reciprocal tariffs for 90 days, imposes additional tariffs of 125% on China
2025-04-10 08:38:00
US President Trump announced that he would suspend "reciprocal tariffs" for 90 days for countries and regions that do not take retaliatory measures against them, targeting countries and regions with large trade deficits. On the other hand, he announced that he would raise additional tariffs on imports from China to 125%, taking an even tougher stance against China.
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US President suspends reciprocal tariffs for 90 days, imposes additional tariffs of 125% on China
2025-04-10 07:47:00
US President Trump announced that he would suspend "reciprocal tariffs" for 90 days for countries and regions that do not take retaliatory measures against them, targeting countries and regions with large trade deficits. On the other hand, he announced that he would raise additional tariffs on imports from China to 125%, taking an even tougher stance against China.
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US President suspends reciprocal tariffs for 90 days, imposes additional tariffs of 125% on China
2025-04-10 07:14:00
US President Trump announced that he would suspend "reciprocal tariffs" for 90 days for countries and regions that do not take retaliatory measures against them, targeting countries and regions with large trade deficits. On the other hand, he announced that he would raise additional tariffs on imports from China to 125%, taking an even tougher stance against China.
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NY Dow rises by more than $2,900, the largest increase in history, following announcement of 90-day suspension of mutual tariffs
2025-04-10 06:15:00
On the 9th, the New York Stock Exchange saw a large increase of over $2,900 compared to the previous day, the largest increase ever. This was due to a sense of relief spreading after President Trump announced that he would suspend "reciprocal tariffs" for 90 days for countries that do not take retaliatory measures against the United States.
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Yen temporarily drops to 148 yen range following 90-day suspension of "reciprocal tariffs"
2025-04-10 04:57:00
On the 9th, the New York foreign exchange market saw a strong trend of buying dollars and selling yen after President Trump announced in a social media post that he would suspend "reciprocal tariffs" for 90 days, causing the yen to temporarily fall to the 148 yen range against the dollar. In the London market, concerns over intensifying trade friction between the US and China led to an accelerated trend of selling dollars and buying yen, causing the yen to temporarily rise to the 143 yen range against the dollar, its highest level in about six months, but President Trump's announcement caused a sudden reversal and a large fall in the value.
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EU to impose countermeasures against US steel and aluminum tariffs from 15th
2025-04-10 04:23:00
The European Union has decided to impose additional tariffs of up to 25% on motorcycles, soybeans, etc. in retaliation for the United States' imposition of 25% tariffs on steel and aluminum products. There is a risk that trade friction with the United States will intensify.
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