In today’s briefing:
- Ohayo Japan | Tariff Tensions Rise, Markets Hold Steady

Ohayo Japan | Tariff Tensions Rise, Markets Hold Steady
- US equities declined following Trump’s tariff threats; Dow fell 0.6%, S&P 500 down 0.3%, Nasdaq slipped 0.2%
- Trump proposed 35% tariffs on Canadian imports, and on Saturday, announced 30% tariffs on Mexico and the EU.
- Ryohin Keikaku projects a net profit of ¥47 billion for the fiscal year ending August 2025, marking a ¥1.5 billion upward revision from prior guidance and a 13% increase year-on-year.
