US Treasury Secretary Bessent to head trade talks with Japan
- U.S. Treasury Secretary Scott Bessent has been assigned by President Donald Trump to initiate trade negotiations with Japan following a 24% tariff imposed by Trump on Japanese imports.
- Bessent stated that he and the U.S. Trade Representative are working towards an agreement with Japanese Prime Minister Shigeru Ishiba and his Cabinet.
- Trump announced that Japan's large auto manufacturing sector would also face a 25% tariff on auto imports, affecting its economic relationship with the U.S.
- In response to the tariffs, Ishiba noted that Japan has been a leading investor in the U.S. For five years and warned that these policies could harm Japanese investments in America.
23 Articles
23 Articles
Trump Assigns Bessent, Greer to Lead Trade Negotiations with Japan; Japan Picks Economic Revitalization Minister Akazawa
WASHINGTON — U.S. President Donald Trump on Monday assigned Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer as the government’s representatives in negotiations with Japan over bilateral trade issues. Bessent revealed his new assignment in a post on the X social media platform: Trump “has tasked me … to open negotiations to implement the President’s vision for the new Golden Age of Global Trade” with the Japanese gov…
Global Markets Bounce Back Amid Trade Negotiation Hopes
Global Markets Bounce Back Amid Trade Negotiation Hopes In a notable recovery, global stock markets showed signs of resilience on Tuesday, as hopes for potential negotiations on aggressive U.S. tariffs led to a bounce back from recent significant losses.Asian stocks surged, with Japan's Nikkei up 5.6%, outpacing other regions amid speculation of trade negotiations led by U.S. Treasury Secretary Scott Bessent with Tokyo. U.S. stock futures also p…
US Treasury Secretary Bessent to Head Trade Talks With Japan
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