Japan, South Korea scramble
Digest more
Japan is seeking talks between tariff negotiator Ryosei Akazawa and U.S. Treasury Secretary Scott Bessent when the U.S. official visits Japan for the World Expo next week, Yomiuri newspaper reported on Thursday citing Japanese government sources.
Japan is concerned about China’s acceleration of its military buildup, especially in Japan’s southwestern areas.
Japanese Prime Minister Shigeru Ishiba on Tuesday said US-imposed tariffs on Japanese imports would have an impact on the country, but added that negotiations would continue.
Japanese Prime Minister Shigeru Ishiba said on Thursday his country needed to wean itself from U.S. dependence in such key areas as security, food and energy, as Tokyo faces the prospect of new U.S. tariffs in three weeks.
Japanese Foreign Minister Takeshi Iwaya and U.S. Secretary of State Marco Rubio on Thursday agreed to support bilateral tariff
The Japanese government announced Tuesday it plans to negotiate with the Trump administration over a planned increase in the tariff rate placed on it, even if it was painful news to receive.
Japanese companies are taking U.S. tariffs in their stride for now, but worry about a potential hit from weakening global demand, the central bank said on Thursday, signalling a prolonged pause in interest rate hikes.
Japan’s automakers slashed the price of products exported to the US at a record pace, in a sign that companies are sacrificing profits to remain competitive as President Donald Trump’s tariffs hit cars.
13h
Nordot on MSNPM warns Japan should not be underestimated, stoking tariff concernPrime Minister Shigeru Ishiba's recent remark that Japan should not be "underestimated" by the United States is raising concerns among politicians and government officials at home about potential adverse effects on ongoing tariff negotiations.