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BREAKING NEWS: Japan Urges U.S. to Amend Executive Order on "Reciprocal" Tariff: PM

Summary by Kyodo News+
BREAKING NEWS: Japan urges U.S. to amend executive order on "reciprocal" tariff: PMRead full story here
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Japan's top trade negotiator, Ryosei Akazawa, said his US counterparts had promised to amend the executive order on Japan so that the 15% "retaliatory" tariffs would not be imposed cumulatively. Speaking to reporters in Washington after meetings with US Commerce Secretary Howard Latnick and Treasury Secretary Scott Bessant, Akazawa added that the US side had said that tariffs paid in excess of the agreed 15% would be refunded retroactively. Sour…

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Kyodo News+ broke the news in Japan on Thursday, August 7, 2025.
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