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News in English (USA) / 20.04.2025 / 11:00

High-Stakes Trade Negotiations Between Japan and the US Amid Tariff Talks

Japan is engaged in high-stakes tariff negotiations with the United States, amid assertions of significant progress by President Trump. As both nations prepare for discussions, Japan reports a notable trade surplus and is considering concessions on agricultural products such as soybeans and rice as part of the talks. However, Japanese officials are cautious about making substantial concessions, with Prime Minister Ishiba emphasizing fairness in currency discussions. Meanwhile, the US seeks to address issues related to automobiles and defense burdens during the negotiations. Amid these discussions, the US envoy has stressed the importance of a united front against China, while both countries navigate their complex trade relationship.
Reuters, Bloomberg.com, ABC News, AP News, Financial Times, Nikkei Asia, Fortune, Honolulu Star-Advertiser, Straight Arrow News, The Japan News