Japanese government official expresses mixed feelings on Trump tariffs

Japan govt official on factory output:

• Environment surrounding production remains highly uncertain
• March motor vehicle production down 5.9%m/m due to lower exports, part supply disruption
• Some manufacturers expressed concern about U.S. tariffs
• Not heard directly U.S. tariff measures have forced manufacturers to change production plan

CopyThe data is here, its pretty poor:

• Japan March 2025 preliminary industrial production -1.1% m/m (expected -0.4%)

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The Bank of Japan are meeting today and Thursday. The Bank is not expected to change its policy settings.

This article was written by Eamonn Sheridan at www.forexlive.com.