Japan, Trump
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President Trump has threatened to impose a 30% tariff on imports from the European Union's 27 member countries if no trade deal is reached by Aug. 1.
The investment bank thinks a 9-0 ruling against Trump is likely. That doesn't mean the tariffs will just go away.
A 15% tariff on Japanese imports could impact Hawaii businesses and consumers, affecting everything from electronics to industrial machinery.
U.S. stocks are rising toward another record following a trade deal between the world’s No. 1 and No. 4 economies.
President Trump has announced a flurry of trade deals that will relieve some pressure on companies and consumers from sharply higher tariffs on imports from Japan and a handful of other Asian countries.
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While recession odds have been dialed back in recent weeks, economists surveyed by The Wall Street Journal still see 33% odds of one coming within a year, compared with 22% at the start of 2025. Meanwhile, earnings estimates for the S&P 500 compiled by research group FactSet are 3% lower since then, the Journal said.