🟡 The USA denied Japan tariff concessions — negotiations continue
— Against the backdrop of escalating trade policy, the Trump administration stated:
Japan will not receive special treatment regarding tariffs on cars and steel.
🇯🇵 Japan's Minister of Economy, Ryosei Akazawa, tried to obtain the cancellation of the 25% tariff on cars and 24% on steel products but was denied. The USA insists:
— "There will be no exceptions — conditions must be the same for everyone".
📆 The second round of negotiations is scheduled for May 1 in Washington, Akazawa's trip will take place from April 30 to May 2.
What does this mean for the global market? — Pressure on Japanese exports is increasing
— Possible rise in trade tensions
— This adds uncertainty to the stock and crypto markets
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