login
who are we?
contact us
qosheapp
Toi Staff
Gideon Levy
Belen Fernandez
Rachel Marsden
Jeffrey Bernstein Ph.d
Tarik Cyril Amar
Omar Mohammed
Moussa Ibrahim
Muhannad Ayyash
Andrew Silow-Carroll
Fast Retailing Chairman: Irrational U.S. Measures Hurt Itself, Are Not Sustainable; Prolonged Tariffs Will Raises Prices
The Yomiuri Shimbun
14:33 JST, May 22, 2025
Tadashi Yanai, chairman and president of Fast Retailing Co., the parent company of Uniqlo, said in an interview with The Yomiuri Shimbun that U.S. President Donald Trump’s tariff measures and other “irrational” policies cannot be sustainable as they are hurting the United States itself.
The following is excerpted from Yanai’s remarks in the interview conducted by Yomiuri Shimbun Staff Writer Miyu Okada.
***
Trump’s tariff measures may destroy the foundation of free trade that has made the world prosper. Japan, in collaboration with the Association of Southeast Asian Nations and the European Union, must call for the Trump administration to abolish the tariffs.
Once “reciprocal tariffs” take effect, the economy of Asia, which is the growth center of the world, will stagnate and the world’s economy will stop growing. If the United States continues to implement measures that prevent other........
© The Japan News
visit website