TRADE TENSIONS AND TARIFFS
Japan, a key US ally and its largest investor, has been topic to a baseline 10 per cent tariff imposed by Trump on most buying and selling companions, in addition to steeper levies on autos, metal and aluminium. In April, Trump introduced a further 24 per cent “reciprocal” tariff on Japanese imports however paused enforcement till July.
Regardless of 5 rounds of talks, each side stay far aside. Japan insists that each one Trump-announced tariffs should be lifted for any settlement to proceed.
“Our place stays unchanged,” Ishiba mentioned.
Tokyo’s commerce envoy Ryosei Akazawa had earlier advised reporters in Washington that “some progress” had been made however that “we have not been capable of finding a degree of settlement but.”
G7 SUMMIT AND MIDDLE EAST TENSIONS
Ishiba mentioned the upcoming G7 summit could be an opportunity to deepen dialogue on the bilateral relationship. The leaders additionally mentioned Israel’s army strikes on Iran, and in line with the Japanese International Ministry, reaffirmed that “peace and stability within the Center East is extraordinarily essential.”
