According to BlockBeats, Japanese Prime Minister Shigeru Ishiba stated that Japan remains firm in defending its interests, resulting in no agreement yet with the United States. The two countries will continue discussions to seek a mutually beneficial agreement.
Japan has successfully avoided a tariff increase to 30% to 35% through previous negotiations with the U.S. The United States has proposed to extend talks until a new deadline of August 1.
The announcement of increased tariffs by the U.S. is regrettable, and no consensus has been reached so far due to challenging negotiations. Japan maintains that it should not easily concede in these discussions.