Japan will continue trade talks with the US, PM Ishiba says
The remark came in response to US President Donald Trump's notification via a letter that Japan, along with South Korea, would be hit with 25 per cent tariffs from August 1.
While Tokyo and Washington have failed to reach an agreement so far, some progress has been made in talks that helped Japan avert a hike in US tariffs to around 30 per cent or 35 per cent as suggested recently by Trump, Ishiba told a meeting with cabinet ministers to discuss Japan's strategy on the tariffs.
"We have received a proposal from the United States to swiftly proceed with negotiations towards the newly set August 1 deadline, and that depending on Japan's response, the content of the letter could be revised," Ishiba said.
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