The US and Japan started negotiations on the tariff on Wednesday (local time). The best Japanese negotiator Ryosei Akazawa reportedly met Trump before he conducted business interviews with Finance Minister Scott Bessnt and sales representatives Jamieson Greer.
US President Donald Trump, who shares an update about the meeting, published on his social media platform “Big honor to meet the Japanese delegation about trade. Big progress!”
Soon the second round of interviews?
Both parties focused on achieving the agreement as soon as possible, as Akazawa quoted Bloomberg. However, the Japanese official added that they did not discuss currency issues.
“The interviews did not lead to the immediate stop of the tariffs, but there are preparations for the second round of interviews that take place at the end of this month,” Akazawa told Washington on Wednesday.
Military conversations, “no discussion of currencies”
According to Bloomberg Trump, he suggested that the theme of military support would be part of the interviews.
However, neither the Japanese nor the American delegations share the details of what was discussed and what areas were on the negotiating table.
Japanese official Akazawa also refused to comment on whether topics such as security problems, automobile tariffs and agricultural trade were discussed.
“There was no discussion about currencies,” added Akazawa ..
Trump tariffs
Japan is one of the first nations to begin formal negotiations with the US in the middle of the Customs War.
Many nations around the world carefully monitor the development to find out how the conversations progress and conclude.
This is considered to be a test reason to proceed in negotiations with Trump administration.
Trump has imposed a number of tariffs – between 10% to more than 100% – for goods imported from other countries that are business partners with the US.
He also put the so -called mutual tariffs on US business partners before suddenly built a 90 -day possession of this fee shortly after he came into force.
Despite the Tokyo repeated plea for liberation, Trump has already slapped 25% of steel, aluminum and cars.
Japan was initially hit by a 24% fee before retribution, although 10% of the basic tariff remains in place.
(Tagstotranslate) US President Donald Trump
