Published: 2025-04-29T04:42:38.000Z
USD/JPY flows: Trump May Ease Tariffs on Auto
FX Analyst
-
White House official says Trump expected to soften auto tariffs
We will likely be hearing more from the tariff man on autos soon. It is reported that he is expected to ease on the magnitude of tariffs on auto. U.S. major equity indexes are all trading higher while regional equities reverted opening gains/losses respectively in China, Hong Kong and Japan.
The Japanese economy would welcome an easing of auto tariffs as they are to hit them hard. USD/JPY is trading 0.36% higher at 142.49.