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Japan PM Ishiba: I want to set up a tariffs response headquarters soon

  • I want to set up a tariffs response headquarters soon.
  • Trying to set up a phone call with Trump first.
  • I was asked to have a call with Trump soon.
  • Explained government measures on tariffs to party leaders.

World leaders are trying to decide on the appropriate response to Trump’s tariffs. Ishiba said that the imposition of the tariffs is a looming national crisis that requires an unprecedented response.

He’s leaving the door open for retaliatory measures or take the issue to the WTO. Analysts expect the tariffs to push down Japan’s growth by 2.9% in the medium-term.

This article was written by Giuseppe Dellamotta at www.forexlive.com.

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