Japan's chief trade negotiator, Akira Amari, stated in Washington that the United States and Japan have initiated tariff negotiations with the aim of reaching an agreement as soon as possible. However, this meeting did not address exchange rate issues. He emphasized that although the talks did not immediately put an end to tariff measures, both sides are preparing for a second round of talks later this month.
Akira Amari, after meeting with U.S. President Trump, also held further trade negotiations with U.S. Treasury Secretary Mnuchin and Trade Representative Lighthizer. These negotiations have garnered significant attention, especially since Japan is among the first countries to begin formal negotiations with the U.S. on tariff issues. The development of the situation is being closely watched by countries around the world.
Despite Japan's repeated requests for exemptions, the Trump administration has imposed a 25% tariff on products such as steel, aluminum, and automobiles. Akira Amari stated that this meeting did not involve discussions on exchange rates, non-tariff barriers, or security issues. Although these topics were not discussed, he pointed out that both parties are committed to continuing the negotiations.
Akira Amari also added that the specific date for the next round of talks has not yet been determined, but the U.S. side seems keen to reach an agreement before the 90-day tariff suspension period ends. The progress of this negotiation will have a significant impact on the future economic relations between the two countries.
