President Trump's reciprocal tariffs on Japan (24%) and South Korea (25%) were largely in line with market expectations.

President Donald Trump announced a tailored approach to global tariffs that will levy different import taxes on each country.

A measure of Japanese bank shares plunged more than 7%, the most since August, as worries about the impact of harsher-than-expected US tariffs on Japan’s economy fueled bets the central bank may pause rate hikes.

Japan’s Prime Minister Shigeru Ishiba says his government is making last ditch efforts to get U.S. President Donald Trump to exclude his country from an increase in auto tariffs due to take effect this week.

America's global trading partners are bristling at President Trump's tariff tactics, but many also stress a desire to strike new deals with the U.S.

The Dow, S&P 500 and Nasdaq fell sharply after Trump slapped tariffs on a host of countries including China, Japan, India and Europe. FOX Business is providing real-time updates on the markets, commodities and all the most active stocks on the move.

Japan slammed Thursday as "extremely regrettable" US President Donald Trump's sweeping new tariffs, saying they may break WTO rules and the two countries' trade agreement. "We have serious concerns as to consistency with the WTO agreement and Japan-US trade agreement,

Within government there was an element of relief that Mr Trump had not singled the UK out for more punitive measures – the European Union’s rate was 20%, Japan’s was 24% and Chinese goods arriving in the US will be hit with a 54% tariff. Addressing ...