On August 8, Japan's chief trade negotiator Ryosei Akazawa announced that the U.S. has agreed to eliminate “tariff stacking” on Japanese goods and lower auto tariffs, though no timeline has been finalized. While this move offers partial clarity on the trade agreement reached last month—benefiting Japan's export-driven economy—automakers like Toyota remain under pressure as the reduction from the current 27.5% to 15% is yet to be scheduled. The development alleviated concerns over escalating U.S.-Japan tensions.
Bitunix Analyst’s View: This policy relief signals a positive shift in market sentiment and supports yesterday’s thesis on the rebound potential of AI infrastructure tokens after testing support levels. Traders are advised to adopt a staged entry strategy, set clear stop-loss levels, and closely monitor both tariff implementation timelines and movements in Asian equity markets, as further developments may induce volatility.
