Originally Posted by
Oren Grad
The headline is clickbait. It says "up to 40%", while the article says, in various places, "upwards of 40%", "overall average coming out to about 17%", "between 20 and 40%" for Japan, and "still undetermined" for the US.
The dollar/yen exchange rate has been volatile over the past year. Even after regaining some strength recently the yen is currently still down by roughly 20% over the past year. That exchange rate trajectory by itself would be enough to explain the increase anticipated for Japan.
Bookmarks