According to Odaily Planet Daily, Takako Seimai, a former member of the Bank of Japan, said that U.S. President Trump's tariffs may have ended the Bank of Japan's interest rate hike cycle, with exports expected to be hit and the likelihood of further rate increases decreasing. Seimai pointed out that the uncertainty of U.S. trade policy has caused significant disruption to the global economy and may affect Japan's exports, output, wage growth, and consumption. Given the importance of the automotive industry in the Japanese economy, U.S. automotive tariffs are particularly destructive. She expects the impact of U.S. tariffs to become apparent in 6 to 12 months, and 2026 will be a true test for the Japanese economy.