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US-Japan Trade Talks at an Impasse, BoJ Holds Off
The Bank of Japan's quarterly Tankan
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The Bank of Japan's quarterly Tankan report showed that the impact of new US tariffs has not yet had a significant effect on corporate sentiment, and business conditions for large manufacturers unexpectedly improved compared to the March survey.Business conditions for large enterprises rose by 1 point to +13. The forecast for the next quarter showed a 1-point decline to +12. In the automotive sector, the outlook also declined by just 1 point, suggesting that the impact of Donald Trump's tariffs
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Kuvat Raharjo,
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