Overview
- President Trump has indicated he does not intend to renew the USMCA extension, a stance that raises near-term legal and investment uncertainty for businesses operating across North America.
- The U.S. May producer price index rose 6.5% year-on-year, the highest in roughly three and a half years, with higher energy costs linked to Middle East tensions cited as a key driver.
- The Japanese government confirmed Prime Minister Sanae Takaichi will attend the G7 summit and visit the UK and Italy to press for measures on energy security and supply-chain resilience.
- Saitama police refiled charges in a major CAN-invader vehicle-theft probe that alleges about 550 thefts using devices that hack vehicle control systems and estimates roughly ¥1.6 billion in damage.
- Domestic legal and safety developments include an Osaka High Court suspended sentence in a high-profile sexual-assault case, a Sapporo mayor signaling he will not seek a fourth term, a reported spraying/odor incident under investigation in central Sapporo, and a stabbing near JR Niigata Station that left a passerby with minor arm injuries.