Trump holds firm on tariff talks with Japan- report By Investing.com

U.S.-Japan Trade Negotiations: U.S. tariff negotiators, including Treasury Secretary Scott Bessent, showed reluctance to lower tariffs on cars, steel, and aluminum during a meeting with Japanese officials, which may hinder cooperation on a proposed trade agreement aimed at reducing Japan's trade surplus with the U.S.

Bank of Japan's Economic Outlook: The Bank of Japan downgraded its growth forecast for the fiscal year to 0.5% due to the impact of U.S. tariffs on global growth and Japanese corporate profits, while maintaining its benchmark interest rate at 0.5% to ensure stability amid external challenges.