The US Unwilling to Waive Japan's 10% Reciprocal Tariff, Analyst Says It May Be Good News

BlockBeats News, May 2nd, according to Kyodo News, the United States is unwilling to exempt Japan from a 10% retaliatory tariff, highlighting the difficult negotiations between the United States and Japan. Financial website Forexlive analysts stated that things are not progressing smoothly... The issue here is that the United States may wish to keep the 10% for all economies and present it as good news to the market, which may even be well-received (considering it is still much lower than what was announced on April 2nd), but Japan has not given in on this point. (FX Street)