On Wednesday, the Japanese yen remained relatively stable at approximately 149.8 against the US dollar, maintaining its sideways trend for the week. This steady behavior occurs as investors brace for the latest round of tariffs from US President Donald Trump. The new tariffs will be applied to countries that impose duties on US products, along with levies on car imports—a move that could significantly affect Japan’s crucial export industry. Concurrently, Bank of Japan Governor Kazuo Ueda voiced concerns that these US tariffs could have a profound impact on global trade and economic growth. Earlier in the week, reports indicated that business sentiment in Japan had weakened during the first quarter, fueled by mounting apprehensions over the potential ramifications of US tariffs on Japan’s export-dependent economy. Although the Bank of Japan is anticipated to increase interest rates later this year, worries regarding global trade dynamics and domestic economic uncertainties continue to cast a shadow on the overall economic outlook.