US EditionJapan PM Ishiba reiterates call to eliminate all tariffs with US
- On May 11, Japanese Prime Minister Shigeru Ishiba emphasized his goal of removing all tariffs during trade discussions with the United States.
- Ishiba's remarks came after the U.S. Revealed on May 8 an agreement that lowered tariffs on British automobiles from 25% down to 10%.
- Japan currently faces a 25% levy on auto exports to the U.S., with approximately 1.37 million cars exported annually, making tariff elimination a major economic issue.
- Ishiba called the U.S.-U.K. Agreement "one model" for trade deals but said Japan should aim for zero tariffs, noting that lowering consumption tax requires careful fiscal consideration.
- Negotiations between Japan and the U.S. May continue for six months or longer, as both sides consider concessions and evaluate tariff-related outcomes.
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Total News Sources20
Leaning Left2Leaning Right4Center7Last UpdatedBias Distribution54% Center
Bias Distribution
- 54% of the sources are Center
54% Center
15%
C 54%
R 31%
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