Japan and US Discuss Tariffs Ahead of July Deadline

Reported about 14 hours ago

Japan's chief trade negotiator, Ryosei Akazawa, engaged in two phone meetings with U.S. Commerce Secretary Howard Lutnick to discuss impending tariffs, as the July 9 deadline approaches for a potential increase from 10% to 24% on Japanese exports to the U.S. The discussions, which included a reaffirmation of each party's stance on tariffs, are part of ongoing efforts to negotiate trade terms, amidst already established high tariffs on automobiles and steel impacting Japan's economy.

Source: YAHOO

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