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Treasury Secretary Scott Bessent said in a speech to Fox News on Monday that Japan may be “prioritized” over other countries when it comes to tariff negotiations. last week,,,,, U.S. President Donald Trump announced that in addition to the 25% tariff on all vehicles, tariffs worldwide, including 24% tariffs on Japanese imports. Japanese Prime Minister Isbonhe described the tax as “extremely unfortunate” and is now preparing a team to fly to the United States to discuss the issue further. This will be led by his close aide, Ryosei Akazawa, the country’s Minister of Economic Revitalization.
Trump and his negotiating team will be led by Bessent and Trade Representative Jamieson Greer and will take a lot of persuasion. “Countries from all over the world wAld is talking to us. I had a conversation with the Japanese Prime Minister this morning. He is sending a top team to negotiate! “He added that Japan “treats the United States very poorly tRed. them No Take our cars, but we took millions. Similarly, onePlants and many other “things”. ”
Ishiba urges Trump to reconsider tariff policy
Trump made the news shortly after a 25-minute call with Ishiba. The two leaders agreed to continue the tariffs, and the Japanese Prime Minister urged Trump to reconsider the taxes imposed on his country. “I have told the president that Japan has been the largest investor in the United States for five consecutive years and tariff policies may damage the investment capabilities of Japanese companies,” Ishiba told reporters after the call. He added that he is “considering a visit to the United States at the most appropriate time to meet Donald Trump in person.”
So far, Japan has taken measures of reciprocity tariffs against Trump‘ Announcement last week. Before he calls the U.S. President Isbon Clarify the countrys No intention of Working in Tit-for-Tat through retaliatory tariffs. Instead, he hopes to change Trump’s mind by highlighting Japan’s contribution to the U.S. economy. “While Japan is willing to work together to create jobs in the United States, we also strongly urge the lifting or reducing tariffs to support this work,” he said.
Trump reaches China with 104% tariffs
Other countries are taking different approaches, including China. Beijing officials have taken similar measures to respond after Trump hit East Asian countries with a 34% levy last week. Then the U.S. President threatens to go with Extra Tariff 50%. On top of him The original The vow is 34%, plus the existing 20% tax, which raises the total tariff on Chinese imports to 104%. But if the United States continues to escalate the trade war, Beijing vows to “fight.”
