U.S. and Japan Advance Trade Talks

Summary:

The U.S. Department of the Treasury announced that the United States and Japan have agreed to launch immediate working-level consultations to build upon their ongoing trade discussions. Additional ministerial meetings are planned in the near future.

Key Meeting:

On Thursday, U.S. Treasury Secretary Scott Besent, Commerce Secretary Howard Lutnick, and U.S. Trade Representative Jamison Greer met with Japan’s Minister for Economic Revitalization, Ryoichi Akazawa.

Discussion Focus:

The talks centered around the theme of fair and reciprocal trade. Both sides described the discussions as candid and constructive.

Main Points:

Secretary Besent emphasized the importance of addressing both tariffs and non-tariff measures.

He also highlighted that economic security is a vital part of national security.

Both countries expressed a commitment to continuing high-level engagemen