Japan will keep trying to strike a trade deal with the U.S. that benefits both sides, Prime Minister Shigeru Ishiba and his ministers.

In the months since, Tokyo's trade negotiators stuck to that strategy to avoid lowering barriers for imports of politically-sensitive products such as rice ahead of a dicey July 2

U.S. trading partners are weighing responses after President Donald Trump’s latest action on tariffs sparked a stock market selloff Monday. The White House sent letters yesterday to about a dozen countries laying out the rates at which imports would be taxed—ranging from 25% to 40%—if no other trade agreements are reached.