Japan’s chief trade negotiator Ryosei Akazawa reaffirmed on Tuesday that Tokyo remains committed to seeking the complete elimination of U.S. tariffs in ongoing bilateral trade discussions. Speaking at a regular press conference, Akazawa stated that Japan would not rush into a deal that compromises its national interests.
He specifically criticized U.S. tariffs on automobiles, auto parts, steel, and aluminum, calling them “regrettable,” and emphasized that Japan continues to demand a full review and removal of these trade barriers.
Akazawa noted that working-level talks between the two countries took place in Washington on Monday, but a date for the next ministerial-level meeting has not yet been set.
The negotiations come amid rising pressure following President Donald Trump’s announcement on April 2 of sweeping tariffs—10% on most countries and up to 24% on key trade partners like Japan, set to take effect in July unless an agreement is reached.
Japan, whose auto industry is a critical pillar of its economy, has made clear that it sees little value in a trade agreement unless the 25% tariff on automobile imports is revoked.
While Japan was the first major economy to initiate trade talks with Washington, it has yet to reach a deal, unlike the U.K., which has already secured an agreement. Meanwhile, the U.S. and China recently agreed to a 90-day trade war truce.
Despite firm rhetoric, reports from the Nikkei suggest Japan may soften its stance, possibly accepting tariff reductions instead of full elimination. Sources close to the matter indicate Tokyo is preparing a proposal package that could include increased U.S. agricultural imports, technical cooperation in shipbuilding, and eased inspection standards for U.S. vehicles.


Japan Core Inflation Seen Rising in June, Strengthening BOJ Rate Hike Outlook
Asian Stocks Rise as Softer U.S. Inflation Boosts Sentiment Despite Middle East Tensions
Trump Criticizes ABC, NBC and CNN for Limiting Coverage of Election Speech
Oil Prices Set for Weekly Surge as U.S.-Iran Conflict Fuels Supply Fears
Gold Prices Slip as Oil Rally Fuels Inflation Fears, Strengthens Dollar
US Stock Futures Fall as Netflix Outlook, Chip Selloff and Iran Tensions Weigh on Markets
Port of Los Angeles Posts Record June Cargo Volume as Importers Rush Ahead of U.S. Tariffs
U.S. Imposes 25% Tariff on Select Brazilian Imports After Section 301 Trade Investigation
ECB's Kocher Says No Inflation Spillover Yet From Iran Conflict, Warns Risks Remain
Oil Prices Rise as U.S. Strikes on Iran Raise Strait of Hormuz Supply Fears
Iran Warns Trump Against Striking Infrastructure, Declares Strait of Hormuz a ‘Red Line’
Russian Missile Strike Sparks Fires in Kyiv After Early Morning Air Alert
Trump Administration Launches AI Cybersecurity Partnership to Protect Critical Infrastructure
US Troop Pullback Raises NATO Security Concerns Amid Russia Tensions
US Restricts Commercial Flights From Congo Amid Ebola Outbreak
South Korea Raises Interest Rates to 2.75% as Inflation and Weak Won Drive Tightening
Nikkei Plunges 5% as AI Stock Selloff Spreads Across Asia 



