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....
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