The Latest Breaking News from Japan

President Donald Trump notified Japan of 25% tariff rates on Monday, effectively extending negotiations until August 1 as Japan’s July 20 upper house election constrains deal-making.

Most stocks rose Tuesday as traders cautiously welcomed Donald Trump's extension of his tariff deadline and indication he could push it back further, though uncertainty over US trade policy capped gains.

Correction: The current prime minister of Japan is Shigeru Ishiba, not Fumio Kishida.

Intel Corp (NASDAQ:INTC) shares are trading lower Monday afternoon as markets react to new global trade restrictions announced by the White House. President Donald Trump imposed sweeping 25% tariffs on all goods imported from Japan and South Korea, set to begin Aug. 1.

ProShares UltraPro QQQ (NASDAQ:TQQQ), a popular leveraged exchange-traded fund, is trading lower Monday afternoon. The drop followed a broad market sell-off triggered by President Donald Trump’s announcement of sweeping 25% tariffs on all imports from Japan and South Korea, set to take effect on Aug. 1.

The dollar index (DXY00 ) Monday rose by +0.30% and posted a 1.5-week high. The weakness in stocks on Monday boosted some liquidity demand for the dollar. The dollar extended its gains Monday when President Trump announced plans to hike tariffs on several countries, including Japan, South Korea, Laos, South...

Tariffs for Japan are scheduled to increase to 25 percent, but the White House says the 10 percent pause will be extended until August

Trump also extended the pause on tariffs to Aug. 1.

The tariffs target two of America’s closest allies and key suppliers of autos, electronics, and steel.