Japan is seeking talks between tariff negotiator Ryosei Akazawa and U.S. Treasury Secretary Scott Bessent when the U.S. official visits Japan for the World Expo next week, Yomiuri newspaper reported on Thursday citing Japanese government sources.

The US sets reciprocal tariffs of 25% for Japan and South Korea. Both countries vowed to accelerate negotiations within three weeks.

Japanese shipper K-Line forecasts a US$200 million hit from US tariffs and is adjusting its fleet of ships to other regions.

Prime Minister Shigeru Ishiba said Friday he asked U.S. Treasury Secretary Scott Bessent to advance ongoing tariff negotiations

Japanese Prime Minister Shigeru Ishiba on Friday quoted U.S. Treasury Secretary Scott Bessent as saying he believes the two countries

U.S. President Donald Trump expressed frustration with Japan over trade and said that its "reciprocal" tariff rate of 25%, mentioned in a letter sent to Prime Minister Shigeru Ishiba last week, might simply be allowed to go into effect on Aug. 1.

Japanese Prime Minister Shigeru Ishiba on Tuesday said US-imposed tariffs on Japanese imports would have an impact on the country, but added that negotiations would continue.

Japanese Prime Minister Shigeru Ishiba said on Thursday his country needed to wean itself from U.S. dependence in such key areas as security, food and energy, as Tokyo faces the prospect of new U.S. tariffs in three weeks.

TOKYO, Japan — The new U.S. ambassador to Japan arrived in Tokyo on Friday and said he is optimistic that his country and its key Asian ally will reach a deal in their ongoing tariff negotiations.

Tokyo and Washington have yet to agree on tariff deal as US President Trump's announced deadline of Aug. 1 draws closer - Anadolu Ajansı