Japan secures priority tariff negotiations with Donald Trump
- Japan faces economic uncertainty after President Trump imposed tariffs, according to Shinohara on Tuesday.
- Trump's decision to impose tariffs on imports from Japan stemmed from a desire for reciprocal trade.
- The tariffs include a 25% levy on auto imports and a 24% tariff on other Japanese goods.
- Shinohara stated tariff impacts are hard to predict: "For the current one driven by Trump...shocks could hit."
- Analysts predict Japan's economic growth could decrease by 0.8% due to the increased duties.
38 Articles
38 Articles
Trump tariffs: Ishihara administration's "gatekeeper" is the negotiator; focus is on Alaska LNG
The ministers in charge of the negotiations between Japan and the United States over the large-scale tariff measures imposed by the Trump administration have been decided, and the two countries have begun preparations for full-scale discussions. Although the framework for the negotiations appears to have been solidified for the time being, it is unclear whether the negotiations will proceed smoothly, and the situation remains unpredictable.
Japan and Trump's Customs: No more flattery and gold helmet
Prime Minister Ishiba had tried to agree mildly with the US president with feel-good rhetoric. In vain, even Japan hit Donald Trump's tariffs hard. Now America's most important partner in Asia is changing its tone.
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