U.S. President Donald Trump's imposition of wide-ranging tariffs will "put downward pressure" on the Japanese and global economies, Bank of Japan Governor Kazuo Ueda said Friday."When there is a significant change in surrounding environments, the outlook for the economy and prices is likely to change accordingly," the governor said at a parliamentary committee.His remarks came after Trump unveiled Wednesday his most broad-based tariffs yet, with all countries facing a baseline duty of 10 percent and Japan slugged by a higher rate of 24 percent.Regarding the possible effect on domestic price…READ FULL ARTICLE
