Japan PM vows to defend country's interests in face of trade tensions with US
Japanese Prime Minister Shigeru Ishiba reaffirmed his commitment to safeguard Japan's national interests amidst ongoing trade negotiations with the US. Despite President Donald Trump's threats of higher tariffs, Ishiba emphasized Japan's focus on investment over tariffs to protect its interests.
Japanese Prime Minister Shigeru Ishiba stated his determination to protect his country's national interests amidst trade negotiations with the US. President Donald Trump threatened higher tariff rates on Japan, casting doubt on a possible deal. Ishiba emphasized Japan's focus on investment over tariffs, highlighting the country's role as the largest investor in the US.
Trump suggested imposing tariffs of 30-35% on Japanese imports, surpassing the previously announced 24% rate. He criticized Japan's stance on US rice imports and the auto trade imbalance. Trump expressed skepticism about reaching a deal with Japan before the Jul 9 deadline.
According to the source: CNA.
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