Japan’s chief trade negotiator Ryomasa Akazawa announced progress in tariff negotiations with the Trump administration following meetings with U.S. Treasury Secretary Steven Mnuchin and Commerce Secretary Wilbur Ross. While declining to reveal specifics, Akazawa confirmed both sides aim to finalize an agreement by early June, before the G7 summit where leaders Shinzo Abe and Donald Trump are expected to meet.
The negotiations come as the U.S. seeks to address trade imbalances, particularly regarding auto tariffs and agricultural market access. Officials plan another round of talks before the June 15-17 summit, with Japan hoping to avoid potential new tariffs that could impact its key export industries.
A successful agreement would mark a significant step in easing trade tensions between the two allies. However, analysts caution that failure to reach a deal could prompt the Trump administration to impose additional trade measures, potentially triggering Japanese countermeasures and further straining bilateral relations.
Related topics：
- Federal Reserve Officials “Release the Eagle”: They May Have to Remain Silent for a Long Time!
- Why Did the Tariff Stick Suddenly Swing Towards Apple? Cook Is Revealed to Anger Trump for Refusing to Visit the Middle East
- Greenland Mining Minister: If the United States and Europe Are Unwilling to Invest, They Will Have to Find Other Partners
