ORXCF - Japanese Banks Brace For Higher Credit Costs As Tariff Risks Mount
2025-04-29 04:20:00 ET
Summary
- Japanese banks are expected to raise loan-loss provisions as they expand support for domestic industries amid uncertainty related to US trade policy under President Donald Trump.
- Japanese banks have benefited from rising interest rates since the nation's central bank ended its ultraloose monetary policy in March 2024.
- On April 9, the US government delayed planned tariff increases for 90 days while pursuing trade negotiations with Japan, India and other countries.
Japanese banks are expected to raise loan-loss provisions as they expand support for domestic industries amid uncertainty related to US trade policy under President Donald Trump....
Japanese Banks Brace For Higher Credit Costs As Tariff Risks Mount