In a recent statement on June 3, Bank of Japan Governor Kazuo Ueda expressed concerns regarding potential tariffs imposed by the United States and their possible implications for Japan's economy. He noted that these tariffs could disrupt trade flows and heighten market uncertainties, ultimately affecting economic growth in Japan.

Governor Ueda emphasized the importance of closely monitoring developments in US trade policies, particularly as Japan navigates its ongoing economic recovery. The potential for increased tariffs could lead to higher import costs and impact Japanese exports, necessitating strategic adjustments to mitigate adverse effects.