US EditionJapan Will Continue Trade Talks with US for Mutually Beneficial Deal, Ishiba Says
TOKYO, JAPAN, JUL 5 – Japan's PM Ishiba refuses to yield amid looming 35% US tariff threat, stressing Japan's role as top US investor and job creator, with negotiations ongoing before July 9 deadline.
- As the July 9 deadline arrives, former U.S. President Donald Trump’s threat to impose a 35% tariff on Japanese goods has heightened economic concerns in Tokyo, prompting urgent negotiations.
- Prompted by Trump's claims of unfair trade, he has pressed Japan to accept more U.S. automobiles and rice, pausing higher tariffs to negotiate before the July 9 deadline.
- Industry leaders warn that the proposed 35% tariffs could disrupt supply chains, threaten $35.7 billion in automotive exports, and impact regional trade stability.
- Japanese firms are diversifying markets and reviewing supply chains amid high alert over Trump’s tariff threat, seeking to mitigate economic impacts.
- Japan and U.S. negotiators commit to ongoing talks ahead of August 1 deadline, with trade envoy Ryosei Akazawa discussing with U.S. Secretary Howard Lutnick to seek an agreement that benefits both nations.
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24 Articles
24 Articles
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Center
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Coverage Details
Total News Sources24
Leaning Left4Leaning Right5Center4Last UpdatedBias Distribution38% Right
Bias Distribution
- 38% of the sources lean Right
38% Right
L 31%
C 31%
R 38%
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