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Japan government task force on U.S. tariffs

TOKYO, Japan, April 11 Kyodo - Japanese Prime Minister Shigeru Ishiba attends a meeting of a comprehensive task force to discuss how to respond to U.S. President Donald Trump's imposition of reciprocal tariffs at the prime minister's office in Tokyo on April 11, 2025. Economic revitalization minister Ryosei Akazawa, who is responsible for tariff talks with the United States, also attended. (Kyodo)

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Japan government task force on U.S. tariffs

Japan government task force on U.S. tariffs

Japanese economic revitalization minister Ryosei Akazawa (C) meets the press at the prime minister's office in Tokyo on April 11, 2025, after attending a meeting of a government task force to discuss how to respond to U.S. President Donald Trump's global reciprocal tariffs. Akazawa is responsible for tariff talks with the United States.

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Japan government task force on U.S. tariffs

Japan government task force on U.S. tariffs

Japanese economic revitalization minister Ryosei Akazawa meets the press at the prime minister's office in Tokyo on April 11, 2025, after attending a meeting of a government task force to discuss how to respond to U.S. President Donald Trump's global reciprocal tariffs. Akazawa is responsible for tariff talks with the United States.

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Japan government task force on U.S. tariffs

Japan government task force on U.S. tariffs

Japanese economic revitalization minister Ryosei Akazawa meets the press at the prime minister's office in Tokyo on April 11, 2025, after attending a meeting of a government task force to discuss how to respond to U.S. President Donald Trump's global reciprocal tariffs. Akazawa is responsible for tariff talks with the United States.

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Japan government task force on U.S. tariffs

Japan government task force on U.S. tariffs

Japanese Prime Minister Shigeru Ishiba (R) talks ahead of a meeting of a comprehensive task force with economic revitalization minister Ryosei Akazawa to discuss how to respond to U.S. President Donald Trump's imposition of reciprocal tariffs at the prime minister's office in Tokyo on April 11, 2025. Akazawa is responsible for tariff talks with the United States.

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Japan government task force on U.S. tariffs

Japan government task force on U.S. tariffs

Japanese Prime Minister Shigeru Ishiba (R) attends a meeting of a comprehensive task force to discuss how to respond to U.S. President Donald Trump's imposition of reciprocal tariffs at the prime minister's office in Tokyo on April 11, 2025. Economic revitalization minister Ryosei Akazawa (L, front), who is responsible for tariff talks with the United States, also attended.

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Japan government task force on U.S. tariffs

Japan government task force on U.S. tariffs

Japanese Prime Minister Shigeru Ishiba (2nd from R, front) attends a meeting of a comprehensive task force to discuss how to respond to U.S. President Donald Trump's imposition of reciprocal tariffs at the prime minister's office in Tokyo on April 11, 2025.

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Japan government task force on U.S. tariffs

Japan government task force on U.S. tariffs

Japanese Prime Minister Shigeru Ishiba (2nd from L, front) attends a meeting of a comprehensive task force to discuss how to respond to U.S. President Donald Trump's imposition of reciprocal tariffs at the prime minister's office in Tokyo on April 11, 2025. Economic revitalization minister Ryosei Akazawa (L), who is responsible for tariff talks with the United States, also attended.

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Sharp Decline in Seoul Stocks - South Corea

Sharp Decline in Seoul Stocks - South Corea

Traders work at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, April 7, 2025. South Korea's benchmark Korea Composite Stock Price Index (KOSPI) lost 103.57 points, or 4.2 percent, to 2,361.85 as of 11:20 a.m. Due to the sharp decline, the bourse operator placed a sidecar order at 9:12 a.m., pausing program buying for five minutes, after the KOSPI 200 index fell more than 5 percent for over one minute. It was the first sidecar order for program buying since August 2024, according to local reports. The KOSPI plummeted as investors sold off stocks in response to increasing concerns about a recession after the U.S. government revealed "reciprocal tariffs" last week, said analysts here. Photo by Jun Hyosang/Xinhua/ABACAPRESS.COM

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Sharp Decline in Seoul Stocks - South Corea

Sharp Decline in Seoul Stocks - South Corea

This photo taken on April 7, 2025 shows a screen at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea. South Korea's benchmark Korea Composite Stock Price Index (KOSPI) lost 103.57 points, or 4.2 percent, to 2,361.85 as of 11:20 a.m. Due to the sharp decline, the bourse operator placed a sidecar order at 9:12 a.m., pausing program buying for five minutes, after the KOSPI 200 index fell more than 5 percent for over one minute. It was the first sidecar order for program buying since August 2024, according to local reports. The KOSPI plummeted as investors sold off stocks in response to increasing concerns about a recession after the U.S. government revealed "reciprocal tariffs" last week, said analysts here. Photo by Jun Hyosang/Xinhua/ABACAPRESS.COM

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Sharp Decline in Seoul Stocks - South Corea

Sharp Decline in Seoul Stocks - South Corea

A trader is seen in front of a screen at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, April 7, 2025. South Korea's benchmark Korea Composite Stock Price Index (KOSPI) lost 103.57 points, or 4.2 percent, to 2,361.85 as of 11:20 a.m. Due to the sharp decline, the bourse operator placed a sidecar order at 9:12 a.m., pausing program buying for five minutes, after the KOSPI 200 index fell more than 5 percent for over one minute. It was the first sidecar order for program buying since August 2024, according to local reports. The KOSPI plummeted as investors sold off stocks in response to increasing concerns about a recession after the U.S. government revealed "reciprocal tariffs" last week, said analysts here. Photo by Jun Hyosang/Xinhua/ABACAPRESS.COM

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Illustration Reciprocal Tariffs

Illustration Reciprocal Tariffs

SUQIAN, CHINA - APRIL 8, 2025 - An illustration shows the words "reciprocal tariffs" under a magnifying glass in Suqian, Jiangsu province, China on April 8, 2025.

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Illustration Reciprocal Tariffs

Illustration Reciprocal Tariffs

SUQIAN, CHINA - APRIL 8, 2025 - An illustration shows the words "reciprocal tariffs" under a magnifying glass in Suqian, Jiangsu province, China on April 8, 2025.

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Illustration Reciprocal Tariffs

Illustration Reciprocal Tariffs

SUQIAN, CHINA - APRIL 8, 2025 - An illustration shows the words "reciprocal tariffs" under a magnifying glass in Suqian, Jiangsu province, China on April 8, 2025.

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Illustration Reciprocal Tariffs

Illustration Reciprocal Tariffs

SUQIAN, CHINA - APRIL 8, 2025 - An illustration shows the words "reciprocal tariffs" under a magnifying glass in Suqian, Jiangsu province, China on April 8, 2025.

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Illustration Reciprocal Tariffs

Illustration Reciprocal Tariffs

SUQIAN, CHINA - APRIL 8, 2025 - An illustration shows the words "reciprocal tariffs" under a magnifying glass in Suqian, Jiangsu province, China on April 8, 2025.

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Illustration Reciprocal Tariffs

Illustration Reciprocal Tariffs

SUQIAN, CHINA - APRIL 8, 2025 - An illustration shows the words "reciprocal tariffs" under a magnifying glass in Suqian, Jiangsu province, China on April 8, 2025.

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Illustration Reciprocal Tariffs

Illustration Reciprocal Tariffs

SUQIAN, CHINA - APRIL 8, 2025 - An illustration shows the words "reciprocal tariffs" under a magnifying glass in Suqian, Jiangsu province, China on April 8, 2025.

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Illustration Reciprocal Tariffs

Illustration Reciprocal Tariffs

SUQIAN, CHINA - APRIL 8, 2025 - An illustration shows the words "reciprocal tariffs" under a magnifying glass in Suqian, Jiangsu province, China on April 8, 2025.

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Illustration Reciprocal Tariffs

Illustration Reciprocal Tariffs

SUQIAN, CHINA - APRIL 8, 2025 - An illustration shows the words "reciprocal tariffs" under a magnifying glass in Suqian, Jiangsu province, China on April 8, 2025.

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Illustration Reciprocal Tariffs

Illustration Reciprocal Tariffs

SUQIAN, CHINA - APRIL 8, 2025 - An illustration shows the words "reciprocal tariffs" under a magnifying glass in Suqian, Jiangsu province, China on April 8, 2025.

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Japan government task force on U.S. tariffs

Japan government task force on U.S. tariffs

Japanese Prime Minister Shigeru Ishiba (L) attends the first meeting of a comprehensive task force to discuss how to respond to U.S. President Donald Trump's imposition of reciprocal tariffs at the prime minister's office in Tokyo on April 8, 2025.

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Japan government task force on U.S. tariffs

Japan government task force on U.S. tariffs

Japanese Prime Minister Shigeru Ishiba (2nd from R) attends the first meeting of a comprehensive task force to discuss how to respond to U.S. President Donald Trump's imposition of reciprocal tariffs at the prime minister's office in Tokyo on April 8, 2025.

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Japan government task force on U.S. tariffs

Japan government task force on U.S. tariffs

Japanese Prime Minister Shigeru Ishiba attends the first meeting of a comprehensive task force to discuss how to respond to U.S. President Donald Trump's imposition of reciprocal tariffs at the prime minister's office in Tokyo on April 8, 2025.

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BOJ chief Ueda at parliament session

BOJ chief Ueda at parliament session

Bank of Japan Governor Kazuo Ueda responds to questions about U.S. President Donald Trump's imposition of reciprocal tariffs during a parliamentary session in Tokyo on April 4, 2025.

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BOJ chief Ueda at parliament session

BOJ chief Ueda at parliament session

Bank of Japan Governor Kazuo Ueda responds to questions about U.S. President Donald Trump's imposition of reciprocal tariffs during a parliamentary session in Tokyo on April 4, 2025.

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CORRECTED: Japan PM on U.S. tariff

CORRECTED: Japan PM on U.S. tariff

Japanese Prime Minister Shigeru Ishiba responds to questions about U.S. President Donald Trump's imposition of reciprocal tariffs during a parliamentary session in Tokyo on April 4, 2025.

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Tokyo stocks plunge

Tokyo stocks plunge

A financial monitor in Tokyo shows the 225-issue Nikkei Stock Average ending nearly 1,000 points lower from the previous day on April 3, 2025, following U.S. President Donald Trump's overnight announcement of reciprocal tariffs on all countries.

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Trump reciprocal tariff plan

Trump reciprocal tariff plan

A street monitor in Tokyo's Akihabara area shows on April 3, 2025, news that U.S. President Donald Trump announced reciprocal tariffs on all countries overnight, including one of 24 percent on Japanese imports.

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PM Ishiba meets press over Trump's reciprocal tariffs

PM Ishiba meets press over Trump's reciprocal tariffs

Japanese Prime Minister Shigeru Ishiba meets the press at his office in Tokyo on April 3, 2025, prior to a meeting of key Cabinet members being held to discuss U.S. reciprocal tariffs announced by U.S. President Donald Trump overnight.

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PM Ishiba meets press over Trump's reciprocal tariffs

PM Ishiba meets press over Trump's reciprocal tariffs

Japanese Prime Minister Shigeru Ishiba meets the press at his office in Tokyo on April 3, 2025, prior to a meeting of key Cabinet members being held to discuss U.S. reciprocal tariffs announced by U.S. President Donald Trump overnight.

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Tokyo stocks plunge

Tokyo stocks plunge

A financial monitor in Tokyo shows the 225-issue Nikkei Stock Average ending nearly 1,000 points lower from the previous day on April 3, 2025, following U.S. President Donald Trump's overnight announcement of reciprocal tariffs on all countries.

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PM Ishiba meets press over Trump's reciprocal tariffs

PM Ishiba meets press over Trump's reciprocal tariffs

Japanese Prime Minister Shigeru Ishiba meets the press at his office in Tokyo on April 3, 2025, prior to a meeting of key Cabinet members being held to discuss U.S. reciprocal tariffs announced by U.S. President Donald Trump overnight.

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Trump slaps new 24% tariff on Japan

Trump slaps new 24% tariff on Japan

A monitor in Tokyo's Shimbashi area shows the news on April 3, 2025, that U.S. President Donald Trump has announced new reciprocal tariffs on imports from all other countries, including a 24 percent tariff on Japan.

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President Trump announces reciprocal tariffs on so-called ?Liberation Day?

President Trump announces reciprocal tariffs on so-called ?Liberation Day?

US President Donald Trump prepares to announce reciprocal tariffs against US trading partners in the Rose Garden of the White House in Washington, DC, USA, 02 April 2025. Trump has branded the day “Liberation Day,’ though most economists expect US consumers to foot the costs.

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President Trump announces reciprocal tariffs on so-called ?Liberation Day?

President Trump announces reciprocal tariffs on so-called ?Liberation Day?

US President Donald Trump prepares to announce reciprocal tariffs against US trading partners in the Rose Garden of the White House in Washington, DC, USA, 02 April 2025. Trump has branded the day “Liberation Day,’ though most economists expect US consumers to foot the costs.

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President Trump announces reciprocal tariffs on so-called ?Liberation Day?

President Trump announces reciprocal tariffs on so-called ?Liberation Day?

US President Donald Trump prepares to announce reciprocal tariffs against US trading partners in the Rose Garden of the White House in Washington, DC, USA, 02 April 2025. Trump has branded the day “Liberation Day,’ though most economists expect US consumers to foot the costs.

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President Trump announces reciprocal tariffs on so-called ‘Liberation Day’

President Trump announces reciprocal tariffs on so-called ‘Liberation Day’

US Treasury Secretary Scott Bessent (L) with Majority Leader of the US House of Representatives Steve Scalise before US President Donald Trump signed executive order implementing new reciprocal tariffs against US trading partners in Rose Garden of the White House in Washington, DC, USA, 02 April 2025. Trump has branded the day ‘Liberation Day’, though most economists expect US consumers to foot the costs.

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President Trump announces reciprocal tariffs on so-called ‘Liberation Day’

President Trump announces reciprocal tariffs on so-called ‘Liberation Day’

US Health and Human Services Secretary Robert F. Kennedy Jr. leaves the Rose Garden after US President Donald Trump signed executive order implementing new reciprocal tariffs against US trading partners at the White House in Washington, DC, USA, 02 April 2025. Trump has branded the day ‘Liberation Day’, though most economists expect US consumers to foot the costs.

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President Trump announces reciprocal tariffs on so-called ‘Liberation Day’

President Trump announces reciprocal tariffs on so-called ‘Liberation Day’

US President Donald Trump signs an executive order implementing new reciprocal tariffs against US trading partners in the Rose Garden of the White House in Washington, DC, USA, 02 April 2025. Trump has branded the day ‘Liberation Day’, though most economists expect US consumers to foot the costs.

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President Trump announces reciprocal tariffs on so-called ‘Liberation Day’

President Trump announces reciprocal tariffs on so-called ‘Liberation Day’

US Health and Human Services Secretary Robert F. Kennedy Jr. leaves the Rose Garden after US President Donald Trump signed executive order implementing new reciprocal tariffs against US trading partners at the White House in Washington, DC, USA, 02 April 2025. Trump has branded the day ‘Liberation Day’, though most economists expect US consumers to foot the costs.

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President Trump announces reciprocal tariffs on so-called ‘Liberation Day’

President Trump announces reciprocal tariffs on so-called ‘Liberation Day’

US Health and Human Services Secretary Robert F. Kennedy Jr. leaves the Rose Garden after US President Donald Trump signed executive order implementing new reciprocal tariffs against US trading partners at the White House in Washington, DC, USA, 02 April 2025. Trump has branded the day ‘Liberation Day’, though most economists expect US consumers to foot the costs.

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President Trump announces reciprocal tariffs on so-called ‘Liberation Day’

President Trump announces reciprocal tariffs on so-called ‘Liberation Day’

US President Donald Trump after signing an executive order implementing new reciprocal tariffs against US trading partners in the Rose Garden of the White House in Washington, DC, USA, 02 April 2025. Trump has branded the day ‘Liberation Day’, though most economists expect US consumers to foot the costs.

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President Trump announces reciprocal tariffs on so-called ‘Liberation Day’

President Trump announces reciprocal tariffs on so-called ‘Liberation Day’

Treasury Secretary Scott Bessent leaves the Rose Garden after US President Donald Trump signed executive order implementing new reciprocal tariffs against US trading partners at the White House in Washington, DC, USA, 02 April 2025. Trump has branded the day ‘Liberation Day’, though most economists expect US consumers to foot the costs.

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President Trump announces reciprocal tariffs on so-called ‘Liberation Day’

President Trump announces reciprocal tariffs on so-called ‘Liberation Day’

US President Donald Trump holds up a signed executive order implementing new reciprocal tariffs against US trading partners in the Rose Garden of the White House in Washington, DC, USA, 02 April 2025. Trump has branded the day ‘Liberation Day’, though most economists expect US consumers to foot the costs.

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President Trump announces reciprocal tariffs on so-called ‘Liberation Day’

President Trump announces reciprocal tariffs on so-called ‘Liberation Day’

US President Donald Trump signs an executive order implementing new reciprocal tariffs against US trading partners in the Rose Garden of the White House in Washington, DC, USA, 02 April 2025. Trump has branded the day ‘Liberation Day’, though most economists expect US consumers to foot the costs.

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President Trump announces reciprocal tariffs on so-called ‘Liberation Day’

President Trump announces reciprocal tariffs on so-called ‘Liberation Day’

US President Donald Trump holds up a signed executive order implementing new reciprocal tariffs against US trading partners in the Rose Garden of the White House in Washington, DC, USA, 02 April 2025. Trump has branded the day ‘Liberation Day’, though most economists expect US consumers to foot the costs.

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President Trump announces reciprocal tariffs on so-called ‘Liberation Day’

President Trump announces reciprocal tariffs on so-called ‘Liberation Day’

US President Donald Trump before signing an executive order implementing new reciprocal tariffs against US trading partners in the Rose Garden of the White House in Washington, DC, USA, 02 April 2025. Trump has branded the day ‘Liberation Day’, though most economists expect US consumers to foot the costs.

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President Trump announces reciprocal tariffs on so-called ‘Liberation Day’

President Trump announces reciprocal tariffs on so-called ‘Liberation Day’

US President Donald Trump before signing an executive order implementing new reciprocal tariffs against US trading partners in the Rose Garden of the White House in Washington, DC, USA, 02 April 2025. Trump has branded the day ‘Liberation Day’, though most economists expect US consumers to foot the costs.

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President Trump announces reciprocal tariffs on so-called ‘Liberation Day’

President Trump announces reciprocal tariffs on so-called ‘Liberation Day’

US President Donald Trump holds up a signed executive order implementing new reciprocal tariffs against US trading partners in the Rose Garden of the White House in Washington, DC, USA, 02 April 2025. Trump has branded the day ‘Liberation Day’, though most economists expect US consumers to foot the costs.

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