Japan, South Korea scramble
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Japan's trade deal with the U.S. must include tariff concessions for its vital automobile industry, top trade negotiator Ryosei Akazawa said on Tuesday, after President Donald Trump announced 25% tariffs on goods from Japan starting August 1.
Former currency diplomat Masatsugu Asakawa assures that Japan won't face U.S. pressure to strengthen the yen, despite President Trump's criticisms of trade surplus. While Trump pushes tariffs and trade changes,
When Japanese Premier Shigeru Ishiba first met Donald Trump in February, his plan to placate the protectionist president's long-held frustration with Tokyo on trade was a promise to invest $1 trillion in the United States.
By Leika Kihara TOKYO (Reuters) -Japanese Prime Minister Shigeru Ishiba said on Tuesday that he would continue negotiations with the U.S. to seek a mutually beneficial trade deal, after President Donald Trump announced 25% tariffs on goods from Japan starting August 1.
President Donald Trump’s trade wars continue. This week, Trump announced 25% tariffs on Japan and South Korea, set to go into effect on August 1. He also announced tariffs varying from 25% to 40% in countries including Myanmar,
Japan views tariffs on automobiles, one of the most important industries in the country, as a sticking point. Unlike most of the world, Japan remains intransigent on compromise.
Japan must diversify its trade relationships beyond the U.S. to mitigate risks, according to Hirofumi Yoshimura of the Japan Innovation Party. He suggests expanding ties with pro-free trade countries to strengthen economic security.
The Minister of Foreign Affairs, Regional Integration and International Trade of Republic of Mauritius to Visit Japan
Japan must diversify trade ties beyond the U.S. market to mitigate risks and focus on partnerships with countries favouring free trade, Hirofumi Yoshimura, co-representative of the opposition Japan Innovation Party,