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News in English (USA) / 08.08.2025 / 13:00

Japan and US Trade Relations Face Turmoil Over Tariff Disputes

Japan has expressed mounting frustration over the recent developments in US tariffs, with Prime Minister Ishiba urging President Trump to amend the executive order that has imposed a reciprocal 15% tariff on most Japanese goods. Amidst confusion surrounding the US-Japan trade agreement, Japan claims the US has acknowledged errors in the tariff order and has promised to rectify these mistakes, including potentially providing refunds. However, tensions remain high as the US denies tariff exemptions for Japan, complicating matters further. The imposition of new tariffs and the prospect of up to 40% tariffs if disagreements persist are straining US-Japan trade relations, prompting Japan to seek clarity and support in negotiations. Key issues revolve around auto tariffs and the overall consistency of the trade deal, raising doubts about its effectiveness and implementation.
The New York Times, The Washington Post, The Japan Times, Bloomberg.com, Reuters, Financial Times, Forbes, Nikkei Asia, 朝日新聞, The Motley Fool