Central Bank Official: US Tariffs Have Extremely High Uncertainty Impact on Japanese Economy

　　On Thursday, Bank of Japan Policy Board Member Junko Nakagawa stated that although the US and Japan have reached a trade agreement, the impact of US tariff policies on Japan and the global economy remains highly uncertain.

　　In late July this year, US President Trump announced a trade agreement with Japan, reducing US tariffs on Japan from 25% to 15%. Despite this, Nakagawa still believes that the impact of US tariffs on the Japanese economy remains highly uncertain.

　　In her speech, Nakagawa mentioned that given the uncertainties in the Japanese economy, the Bank of Japan will continue to carefully assess data and make appropriate monetary policy decisions.

　　Nakagawa also emphasized the importance of the upcoming "Tankan" business confidence survey results by the Bank of Japan, stating that the survey would reflect the impact of trade negotiations among major economies. The Tankan survey is a quarterly report conducted by the Bank of Japan targeting over 10,000 Japanese companies, with the next report expected to be released in October.

　　Nakagawa previously served as CEO of Nomura Asset Management in Japan. Currently, the market views her stance on monetary policy as neutral.