U.S. President Donald Trump is escalating trade pressure on Japan and South Korea as the July 9 deadline for reciprocal tariffs approaches.
Trump expressed doubt about reaching a deal with Japan and hinted at potentially increasing tariffs on Japanese imports to 30% or 35%.
South Korea is also facing uncertainty, with President Lee Jae-myung stating that a deal by the deadline is unclear.
Japanese Prime Minister Shigeru Ishiba is focused on protecting Japan's national interests, emphasizing investment and job creation.
Global markets have remained relatively stable, awaiting economic indicators and the outcome of trade negotiations.