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Japan Tariff Negotiator Akazawa to Hold More Trade Talks in US Next Week

UNITED STATES, JUL 19 – Japan’s lead negotiator Ryosei Akazawa aims to secure tariff relief before a 25% tariff on Japanese cars hits, with seven prior talks failing to reach a deal.

  • Japanese tariff negotiator Ryosei Akazawa intends to travel to the United States early next week to resume negotiations amid ongoing tariff disputes.
  • The talks follow stalled negotiations after seven prior U.S. visits by Akazawa and a failed mid-June meeting between Prime Minister Shigeru Ishiba and President Donald Trump.
  • Akazawa and U.S. Treasury Secretary Scott Bessent met at Expo 2025 in Osaka, where they strengthened trust and agreed to continue seeking common ground despite tariffs not being on the recent agenda.
  • Bessent expressed to Ishiba his confidence that a favorable agreement is achievable, while Trump recognized that finalizing a deal before the 25 percent tariff on Japanese goods begins Aug. 1 could prove challenging.
  • The impending tariffs, especially on vehicles, threaten Japan's auto sector and economic growth, suggesting continued challenging negotiations with uncertain outcomes ahead.
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EconomyNext broke the news in on Friday, July 18, 2025.
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