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BREAKING:
JAPAN’S ECONOMY MINISTER AKAZAWA SAYS THEIR POSITION IS CLEAR
THEY STILL DEMAND FULL REMOVAL OF ALL U.S. TARIFFS!
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Japan's Economy Minister, Ryosei Akazawa, has reaffirmed the country's firm stance in demanding the complete removal of U.S. tariffs on Japanese exports. In a recent statement, Akazawa emphasized that Japan's position remains unchanged and that they are not considering concessions in agriculture to secure relief for the automotive sector. Reuters+9Forexlive+9Profit by Pakistan Today+9
This declaration comes ahead of Akazawa's scheduled visit to Washington, D.C., starting April 30, 2025, for a second round of negotiations with U.S. officials, including Treasury Secretary Scott Bessent and Trade Representative Jamieson Greer. The discussions aim to address the tariffs imposed by the U.S., which include a 25% duty on cars and a 10% universal tariff on various imports. Reuters+7AP News+7Nippon.com | Your Doorway to Japan+7Reuters+5Profit by Pakistan Today+5Reuters+5
Despite previous talks where the U.S. administration indicated it could not offer special treatment exclusively to Japan, Akazawa intends to reiterate Japan's request for a tariff review in the upcoming negotiations. Reuters+1Investing.com Australia+1