Bank of Japan warns new US tariffs could severely disrupt global trade and harm the economy.

The Bank of Japan's officials have warned that new US tariffs could disrupt global trade and have significant economic repercussions worldwide. The Deputy Governor, Masazumi Wakatabe, and Governor Kazuo Ueda have expressed concerns about potential negative impacts on trade flows and sentiment, which could affect spending. Jim Cramer also warns that high tariffs could be "horrendous" for the economy.

2 weeks ago
44 Articles