Japan, Trump
Digest more
Top News
Overview
Reactions and opinions
Japanese Prime Minister Shigeru Ishiba and U.S. President Donald Trump held talks Monday on the fringes of the Group of Seven
Japan reported some progress in its fifth round of trade talks with the United States aimed at resolving tariffs that are damaging its economy, according to Tokyos chief tariff negotiator Ryosei Akazawa.
(Reuters) -Japan and the U.S. on Friday explored the possibility of a trade agreement, Japan's top tariff negotiator, Ryosei Akazawa, told a briefing, while refraining from commenting how close they are to reaching a deal.
For Japan and many other countries, the vulnerability that comes with relying on U.S. markets has become startlingly clear. First came tariffs on Canada, China, and Mexico. Then, in February, the administration introduced a 25 percent tariff on steel and aluminum (this week,
Chinese Premier Li Qiang has described US tariffs as a challenge to countries around the world and expressed his hope for stable relations with Japan.
Trump’s calls to make Canada the 51st U.S. state have infuriated Canadians, and Prime Minister Mark Carney, who won his office by pledging to confront the U.S. president’s increased aggression, now hosts the G7 summit.
From Japan’s semiconductors to China’s AI, the US has long responded to economic challengers with tariffs, restrictions, and narratives of threat to national security. But will the playbook that once defeated Japan work on China?