According to BlockBeats, on May 3, the U.S. Department of the Treasury issued a statement on Friday local time stating that high-level officials from the U.S. and Japan agreed to immediately begin working-level consultations based on the current discussions and to hold more ministerial meetings in the near future.

The statement pointed out that U.S. Treasury Secretary Becerra, U.S. Secretary of Commerce Raimondo, and U.S. Trade Representative Tai met with Japan's Minister of Economic Revitalization, Akizawa Ryozo, on Thursday local time. Both sides had candid and constructive discussions on fair and reciprocal trade.

During the meeting, Becerra emphasized to Akizawa the importance of tariffs and non-tariff measures, economic security as a national security concern, and other issues of concern. (Jinshi)