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The Japanese government does not expect the outcome of Sunday's House of Councillors election to affect its tariff negotiations with the United States, the top negotiator said, even as the ruling parties struggled to retain their majority in the chamber.
Japanese shipper K-Line forecasts a US$200 million hit from US tariffs and is adjusting its fleet of ships to other regions.
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Kyodo News on MSNJapan PM asks US Treasury chief to advance tariff talksPrime Minister Shigeru Ishiba said Friday he asked U.S. Treasury Secretary Scott Bessent to advance ongoing tariff negotiations
Japanese Prime Minister Shigeru Ishiba faces a difficult test in Sunday’s upper house election. A defeat could worsen political uncertainty, as the country faces multiple challenges. Apart from food shortages and a surge in rice prices,
The US sets reciprocal tariffs of 25% for Japan and South Korea. Both countries vowed to accelerate negotiations within three weeks.
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 on Friday quoted U.S. Treasury Secretary Scott Bessent as saying he believes the two countries
Japan and the United States are intensifying discussions over looming U.S. tariffs, with Tokyo reaffirming its commitment to continued negotiations. Japans top trade negotiator, Ryosei Akazawa, held a 45-minute phone
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.
Tokyo and Washington have yet to agree on tariff deal as US President Trump's announced deadline of Aug. 1 draws closer - Anadolu Ajansı