Economic revitalization minister Ryosei Akazawa stated that Japan will continue negotiations with the United States, aiming for an agreement during the upcoming Japan-U.S. summit at the G7 meeting in mid-June. Akazawa met with U.S. Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick in Washington, discussing tariff elimination, trade expansion, and economic security cooperation. Despite progress, no common ground was found. Prime Minister Shigeru Ishiba emphasized Japan's commitment to protecting national interests in these talks.
Japan and U.S. to Continue Tariff Negotiations, Progress Made but No Agreement Yet
1 min read
0%
Japan and the U.S. are continuing tariff negotiations with progress reported but no agreement reached yet. Talks will resume at the G7 summit.
Related
Politics
Takaichi's Landslide Victory Empowers Japan's Economic Revival
Japanese PM Sanae Takaichi wins landslide election victory, securing 316 of 465 parliamentary seats. This gives her...
Geopolitics
Trump Meets Japan's First Female PM, Signs Critical Minerals Deal
President Trump met Japan's first female PM Sanae Takaichi, signing critical minerals deal to reduce China...
Politics
Japan's New PM Faces Trump Test in High-Stakes Visit
Japan's new PM Sanae Takaichi faces her first major test hosting Trump, balancing defense spending demands, a $550B...
Trade-War
US-Japan Trade Deal Signed Before Tariff Deadline
US and Japan agree to 15% mutual tariffs before deadline, avoiding 25% hikes. Deal includes Japanese market access...
Economy
Japan Loses Its Status as the World's Largest Creditor After 34 Years
Japan has been surpassed by Germany as the world's largest creditor nation after 34 years, despite holding record...
Trade-War
US Imposes 25% Tariff on Countries Trading with Iran
Trump announces 25% US tariffs on countries trading with Iran amid deadly protests. China, Turkey, UAE, and Russia...
Follow Discussion