According to the Odaily Planet Daily, the Japanese government insists on the view of mild economic recovery, but Trump's tariff proposal brings uncertainty.

In the February economic report, the Japanese Cabinet Office maintained the overall economic assessment unchanged for the seventh consecutive month due to continued inflation weakening consumption.
The Cabinet Office pointed out the need to closely monitor US policies, especially in trade, and expects Trump to make a more detailed tariff statement. The import outlook has been revised from 'rising trend' to 'almost flat'.