2 days Ago By Moneycontrol
world U.S.-Japan Meet On Tariffs| Envoy Seeks 'Win-Win' Deal With U.
S.| Trump Tariffs| N18G Japan's economic revitalization minister, Ryosei Akazawa, has traveled to Washington for crucial trade talks with the U.S.
, expressing confidence in reaching a "win-win" agreement that safeguards Japan's national interests. The negotiations come amid ongoing tensions over tariffs imposed by President Trump on Japanese exports like cars, steel, and aluminum, despite Japan being the largest investor in the U.S.
Trump recently paused a planned 24% reciprocal tariff on Japan, raising hopes for a resolution. Akazawa is set to meet key U.S.
officials, including Treasury Secretary Scott Bessent and Trade Representative Jamieson Greer, with potential topics including Japanese purchases of U.S. defense hardware and Alaskan natural gas.
Analysts view Japan’s talks as a critical test that could shape similar negotiations with other countries. While Japan denies manipulating the U.S.
Treasury market to influence policy, its status as the biggest holder of U.S. Treasuries gives it notable leverage in discussions.
first published: Apr 16, 2025 05:01 pm.
