UNIQLO Announces Earnings H2 Profit Forecast Lowered by 2–3%. Is the Nikkei 225 Capped at 35,000 Due to Trump Tariffs? Is Trump's True Aim a New Plaza Accord? – Eve Market Commentary, April 10, 2025

Fast Retailing, which owns UNIQLO, has announced its financial results. While expressing doubts about the continuity of Trump's tariffs, it forecasts a 2-3% drop in second-half profits. Even if all the stocks in the Nikkei 225 were at this level, a PER of 15 would mean the Nikkei's upside would be 35,000 yen. In that case, there would be almost no upside and stocks would be impossible to buy. Are President Trump's series of actions a strategy to weaken the dollar in order to rebuild the United States? Attention is focused on a new Plaza Accord.___*I am Japanese. This is English version.