President Trump has signaled a potential tariff increase on Japanese imports, stating that the US is unlikely to extend the mutual tariff exemption deadline, which expired July 9th. Potential Tariff Hike on Japanese Goods Trump indicated that tariffs of "30% or 35%, or whatever number we decide" could be imposed. This represents a potential increase from the previously announced 24% mutual tariff rate set on April 2nd. US-Japan Trade Negotiations Stall Negotiations between the US and Japan have apparently stalled, prompting Trump's statement. The potential tariffs could impact a wide range of Japanese goods entering the United States, potentially leading to increased prices for American consumers. This move suggests a hardening stance by the US in trade negotiations with Japan. ```