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United Airlines issued two full-year earnings estimates, one based on its January forecast and a revised one accounting for a potential recession, highlighting economic uncertainty. This unusual move reflects volatility stemming from the Trump administration. Meanwhile, Japan's senior economic advisor, Takeshi Niinami, stated Japan possesses significant leverage in tariff negotiations with the U.S., citing substantial investments and Treasury bond holdings. Negotiations are imminent, involving top Japanese negotiator Ryosei Akazawa and U.S. officials.

Prepared by Christopher Adams and reviewed by editorial team.