Media, stall on negotiations on the duties between the USA and Japan

A few days after the deadline of 9 July

No desire to compromise on the rates applied to the imports of Japanese cars in the United States, despite the clear opposition of the allied country, during negotiations during the stall. This is what the Japanese media point out, referring to the interview that President Donald Trump granted to the broadcaster Fox, where he reaffirmed his intention to keep the duties high, a few days after the expiry of 9 July, after the 90 -day break. Trump said his administration is ready to send unilaterally letters “starting from very soon” to Japan, and many other commercial partners, to inform them of the rates about their exports to the United States. “I could send a letter to Japan and say you will pay a 25% rate on your cars,” said Trump when he was asked about the possibility of extending the break, using Tokyo, a key ally of Washington, as an example: “They do not accept our cars, yet we welcome millions and millions of their cars in the United States. It is not right,” he added. “I explained it to Japan and they understand it. And then we have a big deficit with Japan, and they also understand it.” Trump’s words arrived in the middle of the visit of the Japanese leader, Ryosei Akazawa, in Washington for the seventh cycle of ministerial tariff interviews. Although Akazawa postponed his day scheduled for Sunday, he was unable to get a meeting with the American treasure secretary Scott Beesent, a key figure in Trump’s commercial strategy. In the interview, the US President also said that the Tokyo government could buy “very oil” and other goods from the United States to reduce the commercial deficit, implying greater involvement in military spending. Currently a specific additional rate of 14%has been applied to Japan, in addition to the basic duty of 10%intended for imports globally, for a total rate of 24%. At the beginning of April, the US administration increased by 25 percentage points the duty on imported passenger vehicles, bringing it to 27.5%, a measure that has already had a strong impact on the four -wheeled market.