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Nikkei 225's rally, fueled by U.S. rate cut hopes, trade truces, and Japan's pro-investment policies, is boosting demand for Japan-focused ETFs like EWJ and JPXN.
Japanese shares surged on Friday after positive earnings reports and expectations the U.S. would remove overlapping tariffs on the country's goods, while shares were down in other Asian markets after a late retreat on Wall Street during the previous session.
The Nikkei 225 is on a larger uptrend, but secure trade deals will ensure investors are upbeat about the import-focused Japanese economy.
Japan's leading trade negotiator said on Tuesday that the trade deal Tokyo agreed with the United States last week guarantees Japan will always receive the lowest tariff rate on chips and pharmaceuticals of all the pacts negotiated by Washington.
Japan's central bank policymakers are expected to keep rates on hold this week, despite the trade deal with the U.S. relieving some uncertainty over tariffs and strengthening the case for tighter policy.
Japan's chief trade negotiator, Ryosei Akazawa, stated on Saturday that the $550 billion investment package recently announced in Japan under a tariff deal with the United States could be utilised to help finance semiconductor plants in the US built by Taiwanese companies.
Japan's $550 billion investment package agreed in this week's U.S. tariff deal could help finance a Taiwanese firm building semiconductor plants in the U.S., Japan's top trade negotiator Ryosei Akazawa said on Saturday.
Japan's government said on Friday that profits from a $550 billion investment package agreed in this week's tariff deal with the U.S. would be split between Japan and the U.S. according to the degree of contributions by each side.
U.S. Commerce Secretary Howard Lutnick joins 'Squawk on the Street' to discuss a potential trade deal with the European Union, how the White House is approaching trade with Japan, and much more.
U.S. stocks are rising toward more records on Wednesday following a trade deal between the world's No. 1 and No. 4 economies, one that would lower proposed tariffs on Japanese imports coming to the United States.