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Japan PM Ishiba reiterates call to eliminate all tariffs with US
- On May 11, Japanese Prime Minister Shigeru Ishiba affirmed his commitment to pursuing the complete removal of tariffs during trade discussions with the United States.
- The call comes after the U.S. revealed on May 8 that it had reached an agreement with the United Kingdom to lower automobile tariffs from 25% to 10%, potentially serving as a model for negotiations with Japan.
- Japan ships roughly 1.37 million vehicles to the United States each year and views auto tariffs as economically significant, while looking to the U.S.-U.K. deal for potential negotiation insights.
- Ishiba said the Washington-London deal is "one model" for trade deals but insisted, "we should aim for 0 per cent tariffs," while noting U.S. President Trump plans to maintain a 10% baseline tariff.
- Trade negotiations between Japan and the U.S. are ongoing and could extend for six months, with Japan seeking tariff elimination amid concerns over consumption tax changes and economic effects.
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21 Articles
21 Articles
The US wants a fast trade agreement with Japan. In Tokyo the trade conflict is intensifying and this could have far-reaching consequences for the country.
·Vienna, Austria
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Coverage Details
Total News Sources21
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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