Japan Says Trump’s 24% Tariff Disappointing, Vows Domestic Aid

I think Japan will be at the top of the list for negotiations,

O'Brien said,

We can't have a trade war with Japan. That would be devastating for both countries,

O'Brien said in an interview with Kyodo News at a Washington hotel, hours before Trump announced tariffs on virtually all U.S. imports at a "Make America Wealthy Again" event on what he called "Liberation Day."

The markets are going to boom, the stock is going to boom, the country is going to boom, and the rest of the world wants to see is there any way they can make a deal

he told reporters at the White House

It's going very well."

A day after his latest tariff drive, which set off a wave of selling in global stock markets, Trump sounded a positive note, saying

The U.S. is always going to be open to negotiating with Japan. So I think the opportunity for compromise with Japan is going to be very high,

he said

I think within that framework you can bring in autos, you can bring in digital, you can bring in steel,

he said

We strongly urge the government to continue its persistent negotiations for the exemption from tariff measures and to take all possible measures to minimise the impact on small and medium-sized enterprises and small businesses ... by developing a detailed consultation system and strengthening cash management support,

the JCCI said on Thursday

We have long believed that becoming an integral part of the U.S. auto industry -- through local investment and job creation -- is the most sustainable path forward for the auto industries of both countries,

it said

This is a situation that could be called a national crisis,

Ishiba told parliament on Friday

As it is necessary for all parties including the opposition bloc to study and take measures, Prime Minister Ishiba will meet with each of the party leaders and listen to their opinions"

later in the day ... Hayashi said Friday

If the world economy decelerates, Japan's exports would decline, with repercussions for the domestic economy,

Kobayashi said

Anthony Albaneseprime Minister

I'm not quite sure that Norfolk Island, with respect to it, is a trade competitor with the giant economy of the United States,

Albanese said

Many countries which we compete with globally, including China, Indonesia and Vietnam etc, have been hit harder than us,

Ajay Sahai from the Federation of Indian Export Organisations told AFP

Ten percent on Australian beef at the moment, it's better than a lot of people were expecting -- or less worse, let's call it,

he told AFP

There is no winner in a trade war,

Beijing said on Thursday

Nobody wants a trade war and our intention remains to secure a deal,

said Reynolds

This is a game changer, not only for the U.S. economy but for the global economy,

Olu Sonola, head of U.S. economic research at Fitch Ratings, said in a note Wednesday evening

Manfred WeberePP leader

To our American friends, today isn’t liberation day — it’s resentment day. Donald Trump’s tariffs don’t defend fair trade; they attack it out of fear and hurt both sides of the Atlantic. Europe stands united, ready to defend its interests, and open to fair, firm talks.”

Manfred Weber, the president of the EPP, the European Parliament's largest party, said Wednesday

The so-called ‘reciprocal tariffs,’ based on the U.S.’s own subjective and unilateral assessments, violate international trade rules, severely harm the legitimate rights and interests of other parties, and represent a typical act of unilateral bullying,

the Chinese Commerce Ministry said in a statement

There seems to be no order in the disorder, no clear path to the complexity and chaos that is being created as all U.S. trading partners are hit,

she said