Exit polls from a key election in Japan project the ruling coalition is set to lose its majority, putting the country's Prime Minister Shigeru Ishiba under immense political pressure. Voters headed to the polls earlier on Sunday for the tightly-contested election, being held amid public frustration over rising prices and the threat of US tariffs.

Unlike the European Union, the Japanese government has made no indication it plans to impose any kind of reciprocal tariff on the U.S.

A breeze carries murmurs and quiet laughter between the rows of bright green tea leaves that are growing in dappled shade as workers harvest the plants that are destined to become matcha.

Japan has reported a trade deficit of 2.2 trillion yen ($15 billion) for the first six month of this year as exports were hit by President Donald Trump's higher tariffs.

The move has raised wide concerns over a potential escalation in trade tensions and broader economic fallout. The US' move continues its typical "maximum pressure" strategy, targeting countries such as allies and major trading partners,

MSCI's global equity index advanced slightly while U.S. Treasury yields dipped and Wall Street equities were barely changed on Friday as investors waited for corporate earnings and monitored the latest U.

TOKYO] Small and medium-sized (SME) firms such as Mitsuwa Electric that form the backbone of Japan’s economy have weathered many storms over the decades, and company president Yuji Miyazaki is hopeful they will also withstand US President Donald Trump.

Prime Minister Shigeru Ishiba called it ‘a battle for our national interests’ as analysts warn of economic and security fallout.

President Trump is ratcheting up trade negotiations by threatening to place much higher tariffs on several countries. Most of the 14 countries targeted are in Asia, including Japan and South Korea, some of the U.

President Trump said Japan and South Korea would face tariffs of 25 percent unless they reached an agreement with the United States. Other countries received notice of higher levies.

Japanese Prime Minister Shigeru Ishiba is engaging in negotiations with the U.S. to seek a mutually advantageous trade deal amid increased tariffs imposed by President Trump. As Tokyo navigates economic pressures and upcoming elections,