日本首相石破茂表示，反关税目前不是最有效的。日本可能是受特朗普汽车关税影响最大的国家之一，但鉴于其与美国关系的性质，任何重大报复都是不可能的。

Japan PM Ishiba says counter-tariffs are not the most effective now.Japan might be one that is most impacted by Trump's auto tariffs but given the nature of their relationship with the US, any major retaliation is off the table.

日元从通胀数据中有所缓解，但仍在努力反弹。外汇市场的整体情绪仍然是犹豫不决，主要货币在很大程度上存在区间波动。日元正试图温和反弹，此前东京的CPI数据强于预期，核心核心通胀率同比上升至2.2%。

Yen Finds Some Relief from Inflation Data, But Struggles to Rebound.The overall mood in the forex markets remains one of indecision, with major currencies largely range-bound. Yen is attempting a mild rebound after Tokyo's CPI figures came in stronger than expected, with core-core inflation rising to 2.2% yoy.

在东京，日经225指数周五下跌853点，跌幅2.26%。NEC（-80.12%）、Dai-ichi Life（-76.10%）和KDDI（-50.75%）领跌。

In Tokyo, the Nikkei 225 Index fell 853 points or 2.26 percent on Friday. Leading the losses are NEC (-80.12%), Dai-ichi Life (-76.10%) and KDDI (-50.75%).

周五，日本10年期政府债券收益率小幅下跌至1.55%，从16年半高点小幅回落，因投资者评估了强劲的通胀数据和日本央行的最新信号。东京的核心通胀率是全国价格趋势的关键领先指标，3月份从2月份的2.2%加速至2.4%，超出了没有变化的预期。与此同时，日本央行3月份会议的意见摘要强化了人们的押注，即如果经济和价格前景保持不变，央行将继续加息。政策制定者强调，更高的收入和增加的支出正在推动价格上涨，支持进一步的货币正常化。在其他地方，投资者对下周生效的美国新关税的影响仍持谨慎态度，预计这将打击日本的汽车和其他出口。

Japan’s 10-year government bond yield edged lower to 1.55% on Friday, retreating slightly from 16½-year highs as investors assessed strong inflation data and the latest signals from the Bank of Japan. Tokyo’s core inflation—a key leading indicator of nationwide price trends—accelerated to 2.4% in March, up from 2.2% in February, defying expectations for no change. Meanwhile, a summary of opinions from the BOJ’s March meeting reinforced bets that the central bank will continue raising interest rates if its economic and price outlook holds. Policymakers have emphasized that higher incomes and increased spending are driving price gains, supporting further monetary normalization. Elsewhere, investors remained cautious about the impact of new US tariffs set to take effect next week, which are expected to hit Japan’s auto and other exports.