Media reports that Trump threatens to impose tariffs on Japan, causing the yen and Japanese ETFs to decline, while US Steel surges
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During a meeting with Japanese Prime Minister Shigeru Ishiba, Trump threatened to impose tariffs on Japan in an effort to reduce the U.S. trade deficit with Japan. This statement led to a decline in the yen and Japanese ETFs, with the dollar rising above 151.80 against the yen at one point. Meanwhile, US Steel's stock price rebounded after a widening decline, rising nearly 5.4% during the day. Ishiba stated that Japan would further invest in the U.S
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