Lawmakers approved a plan to help companies and consumers as officials bargain in Washington for relief from debilitating auto levies.

Conclusive deal still pending as nations anticipate G7 summit; auto tariffs widen Japan’s trade deficit - Anadolu Ajansı

Japan is expected to spend $6.3 billion in an effort to thwart the economic impact of President Trump’s tariffs. Chief Cabinet Secretary Yoshimasa Hayashi on Tuesday lauded the country’s approved

Japan is stepping up with a big plan to protect its economy from the heavy impact of tariffs placed by the United States. The Japanese government has approved a $6.3 billion spending package aimed at helping companies and families who are struggling because of these new trade costs.

Earlier, the White House threatened to take the case to the Supreme Court on Friday if its appeal was not granted.

Japan's Nikkei share average will climb about 5% by end-year as uncertainties over U.S. trade policies that have been holding the index back continue to clear up, although volatility is likely in the near term,

Each year, Japan builds approximately 9 million cars and ships roughly 1.5 million of them to the United States. Additionally, they export over 1.4 million vehicles annually to the United States from Mexico and Canada. Given the uncertainty caused by the tariffs, it’s possible that some local automakers will need to delay investments.

USD/JPY forecast hinges on trade news, BoJ policy cues, and U.S. job numbers. Market volatility expected as economic data drives rate speculation.

Companies like Kyowa Industrial were among six auto suppliers that told Reuters they were concerned about their ability to withstand the tariff pressure on Japan's car industry.

Japan’s top tariff negotiator Ryosei Akazawa plans to return to the United States on May 30 for a fourth round of trade talks. This trip follows the coming