Japan's PM Ishiba: Cannot accept US tariffs on autos

FXStreetMay 19, 2025 1:03 AM

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Japanese Prime Minister (PM) Shigeru Ishiba said on Monday, speaking in the parliament this Monday, showed reluctance to accept US tariffs, including for cars, and said that seeking a win-win deal with the US is the key.

Market reaction:

Ishiba's remarks do little to influence the JPY or provide any impetus to the USD/JPY pair, which remains close to last week's swing low and currently trades just above the 145.00 mark, down over 0.40% for the day.

Reviewed byJane Zhang

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