The US Dollar is giving back some of its previous gains against the Japanese Yen as it trades flat within Friday’s price range. Market sentiment is cautious as investors weigh the negative implications of the hefty tariffs imposed by Trump. The recent tariffs could significantly affect the US economy and embolden investors to adopt a more defensive strategy. As traders digest these developments, fluctuations in USD/JPY could unfold, so keep a close eye on the pairing as it navigates this uncertain landscape.