USA duties, high sea negotiations between Tokyo and Washington

Towards Meeting Trump-ishiba on the sidelines G7 Canada

Negotiations on trade still on the high seas between Japan and the United States, after the latest telephone conversations that took place on the weekend between the two delegations, and the four visits made so far in Washington by Ryosei Akazawa, a Japanese negotiar and right -handed head of Prime Minister Shigeru Ishiba.

In a press release, the Tokyo government said she was close to an agreement, remembering that in the last meeting in the United States, a few days ago, Akazawa saw the Secretary of Commerce Howard Lutnick and the Treasury Secretary Scott Bessent, and reiterated that the two sides have “explored the possibility of reaching an agreement that would be advantageous” for both countries. The negotiations, recalls the press release, took place in view of the expected meeting between Ishiba and the President of the United States Donald Trump on the sidelines of the G7 summit in Canada. Based on the current calendar of US duty, Japan risks a 24% tariff rate starting from July, unless he manages to negotiate an agreement with Washington first. The allied country is also trying to find a way to convince Trump to exempt Japanese car houses from an application of the rates of 25% on imports of vehicles in the USA.