BOJ warns planned U.S. tariffs could have 'big impact,' hit global growth

Japan central bank chief makes comments as Trump due to reveal latest levies

20250402 BOJ Ueda file photo

Bank of Japan Gov. Kazuo Ueda speaks at a news conference in Tokyo on Jan. 24. © Reuters

TOKYO (Reuters) -- Planned new U.S. tariffs could have a huge impact on world trade, Bank of Japan Gov. Kazuo Ueda said on Wednesday, warning of a possible hit to global growth hours before President Donald Trump is set to unveil reciprocal tariffs.

The expected move will come on top of U.S. tariffs on imports of aluminum and steel, as well as higher duties on all goods from China. Trump has also repeatedly threatened to impose other tariffs, only to cancel or postpone them.

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