Japan Stocks Fluctuate as Yen Weakens on US Tariff Deadline Extension

Japanese stocks may fluctuate due to concerns over tariffs on Europe and Apple. Nikkei 225 futures are at 37,210, compared to the last close of 37,160.47. The yen has weakened against the dollar after US President Donald Trump extended the deadline for the European Union to face 50% tariffs until July 9. Shares may also be influenced by Japan's chief trade negotiator aiming to resolve tariff talks in time for a June meeting between Trump and Japan's Prime Minister Shigeru Ishiba.

Japanese stocks are expected to fluctuate in response to recent developments in trade negotiations and tariff policies. The Nikkei 225 futures are currently trading at 37,210, up from the previous close of 37,160.47. This uptick is likely due to the latest news on trade tariffs and the yen's depreciation against the dollar.

US President Donald Trump has extended the deadline for the European Union to face 50% tariffs until July 9 [1]. This delay has caused some market uncertainty, particularly for companies that have significant operations or supply chains in Europe. The extension may also impact global trade dynamics, as other countries and regions await further developments in the trade negotiations.

Adding to the market's concerns is the yen's recent depreciation. The Japanese currency has weakened against the dollar, which could affect the competitiveness of Japanese exports and imports. This depreciation is likely a result of the ongoing trade tensions and the uncertainty surrounding the tariff deadline extension.

Meanwhile, Japan's chief trade negotiator, Prime Minister Shigeru Ishiba, is aiming to resolve tariff talks in time for a June meeting between Trump and Ishiba. Ishiba has been actively working to advance trade negotiations with the United States, with the goal of achieving a favorable outcome during the Group of Seven summit next month [2]. His efforts to secure a productive dialogue with Trump may provide some reassurance to investors, as it indicates a continued commitment to resolving trade disputes.

However, the market remains cautious, as the exact details of the trade agreement are still uncertain. The delay in the tariff deadline adds further uncertainty to the trade landscape, which could potentially impact Japanese stocks in the coming weeks.

References:
[1] https://fortune.com/2025/05/25/us-stock-futures-trump-delays-eu-tariffs/
[2] https://search.yahoo.com/search?fr2=p:fp,m:tn,ct:all,kt:org,pg:1,stl:txt,b:&fr=fp-tts&p=Shigeru+Ishiba