[T]he letter’s inconsistent capitalization, randomly emphasizing words like “TRADE,” “Great Honor,” “Tariff,” and “Non Tariff”, undermines the formality expected in high-level diplomatic correspondence.
Right now, Japan faces challenges unprecedented in recent years. Its alliance with the U.S., which has been the measuring stick for diplomacy, has been shaken.
U.S. companies, importers and retailers will bear the initial costs which most economists expect to filter through the supply chain as a cost-push inflation.