Trump’s 35% Tariff Threat Feeds Japan’s Worst-Case Scenario Fear
- Trump threatened up to 35% tariffs on Japan, fueling fears of worst-case scenario in Tokyo.
- Mounting U.S. deficits with Japan and failed mid-June talks prompted Trump’s threat to raise tariffs up to 35%.
- Most Japanese exports face a 10% tariff, with a 25% tax on vehicles and 50% on steel, amid a paused tariff regime and stalled talks.
- Trump's threat of up to 35% tariffs deepens Japan's economic and political strain ahead of the July 20 election, hitting automakers like Toyota and Honda hard.
- The July 9 pause on U.S. tariffs expires next week, with Trump indicating up to 35% tariffs could be imposed on Japan, risking a trade escalation.
31 Articles
31 Articles
US tariff tantrum fuels push for closer Korea-Japan economic ties
Calls are growing for Korea to strengthen economic ties with Japan as a strategic buffer against trade risks stemming from the Donald Trump administration’s unpredictable tariff policies, with both Seoul and Tokyo facing challenges in their ongoing negotiations with Washington. Some experts propose that Seoul expedite its effort to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), among other measures. The C…
[NHK] In connection with the Japan-US negotiations over tariff measures, US President Trump expressed dissatisfaction with Japan on the 1st, saying that trade with Japan was unfair, and made a statement to Japan...
U.S.-Japan trade talks stall over car and rice tariffs | Honolulu Star-Advertiser
TOKYO >> Late last month, Japan’s chief U.S. trade negotiator, Ryosei Akazawa, chatted with officials gathered at an embassy event in Tokyo. Japan’s top power company had pledged to buy up to 5.5 million tons of U.S. natural gas each year for two decades. That was a good start, Akazawa said, but could it perhaps double it?
Trump threatens Japan with 35% tariff_ fuels fear of worst-case scenario
US President Donald Trump threatened Japan with tariffs of up to 35% as he ramped up tensions for a third straight day, fueling fears of a worst-case scenario among market players and raising doubts over Tokyo’s tactics in trade talks. File photo of US President Donald Trump.(AFP) Japan should be forced to “pay 30%, 35% or whatever the number is that we determine, because we also have a very big trade deficit with Japan,” Trump said, again flagg…
President Donald Trump threatened Japan with tariffs of up to 35%, which fueled fears of a catastrophic investor scenario and raised doubts about Tokyo’s tactics in trade negotiations. Japan should be forced to “pay 30%, 35% or whatever figure we determine, because we also have a very large trade deficit with Japan,” Trump said, again pointing out the possibility that general tariffs may be much higher than the 24% initially scheduled for July 9…
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