
Lutnick says US will soon announce series of trade deals
US Commerce Secretary Howard Lutnick says the US is set to reach new agreements with many of its trading partners.
"We're going to announce a whole bunch of deals over the next week or so," he said in an interview with Bloomberg TV on Thursday.
He said there will be one category for what he called the top 10 agreements, and others in different groups.
He added that President Donald Trump is going to close the deals himself.
Lutnick indicated agreements will be signed by July 9th, or when a 90-day pause on what Trump calls "reciprocal tariffs" ends.
He gave no details on whether Japan is in the top 10 group or what criteria is used to define the categories.
Japan's trade tariff negotiator Akazawa Ryosei is in Washington for talks with Lutnick and US Treasury Secretary Scott Bessent.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


NHK
28 minutes ago
- NHK
US treasury secretary says Trump may appoint new Fed chair around October
US Treasury Secretary Scott Bessent says President Donald Trump may appoint Federal Reserve Chair Jerome Powell's successor in October or November. Trump indicated he will soon announce his choice to succeed Powell, whose term ends in May of next year. Bessent's remark came in an interview with US business channel CNBC on Friday. The president nominates the chair of the Federal Reserve from among the seven members of its Board of Governors. The term of one of them ends in January of next year. Bessent indicated Trump's nomination of the new chair may come in October or November, taking into consideration the time needed to obtain congressional approval if Trump is to appoint the nominee to the outgoing board member's seat. When asked about himself being a candidate, Bessent said, "I'll do what the president wants, but I think I have the best job in Washington." Bessent criticized the Fed's monetary policy, saying, "The Federal Reserve fell down on the American people in 2022, let the great inflation get away from them. They should have been hiking sooner." He indicated the Fed may once again make a mistake by delaying rate cuts, saying, "Studies have shown that people who fall down then tend to look at their feet, which makes them fall down more."


Kyodo News
29 minutes ago
- Kyodo News
Kyodo News Digest: June 28, 2025
KYODO NEWS - 4 hours ago - 15:00 | All, Japan, World The following is the latest list of selected news summaries by Kyodo News. ---------- Japan wrestling with U.S. tariff talks as July deadline looms WASHINGTON - Japanese and U.S. tariff negotiators agreed Friday to continue talks in pursuit of a deal that will be beneficial to both countries, but significant differences apparently remain in areas such as Washington's treatment of its key Asian ally's automotive industry. Japan's government said its top tariff negotiator, Ryosei Akazawa, and U.S. Commerce Secretary Howard Lutnick held talks in Washington, with each side reaffirming its position during "fruitful" discussions on trade expansion, nontariff measures and economic security cooperation ---------- EU proposes global eel trade curbs despite Japan's opposition BRUSSELS - The European Union on Friday submitted a proposal to impose export restrictions on all eel species under an international treaty regulating endangered species trade, despite strong opposition from Japan. If adopted at the conference of the parties to the Washington Convention in Uzbekistan later this year, the proposal, set to take effect in June 2027, would require proof of legal capture and an export permit issued by the exporting country for Japanese eel and other species. ---------- All 4 pandas at west Japan zoo depart for China, leaves 2 in country WAKAYAMA, Japan - All four giant pandas on loan to a western Japan zoo left for China on Saturday, ahead of the expiration of their lease agreement. The 24-year-old Rauhin and her offspring -- Yuihin, 8, Saihin, 6, and Fuhin, 4 -- left Adventure World amusement park in Shirahama, Wakayama Prefecture, for the Chengdu Research Base of Giant Panda Breeding in China's Sichuan Province, according to the zoo operator. ---------- Nobel committee chair to visit Hiroshima, Nagasaki in July TOKYO - Jorgen Watne Frydnes, chair of the Norwegian Nobel Committee, will visit the atomic-bombed cities of Hiroshima and Nagasaki next month and may meet with atomic bomb survivors, a source close to the matter said Friday. Frydnes will arrive in Hiroshima on July 21 and later head to Nagasaki, likely visiting memorial museums and other sites related to the bombings, according to the source. ---------- Japanese diet may help in fight against depression, study shows TOKYO - The rate of depressive symptoms was lower among working-age people who consume a Japanese-style diet including rice, miso soup and fish, the first study of its kind recently showed. The Japan Institute for Health Security assessed the benefits of a traditional "Japanese-style diet" comprising of soy products, cooked vegetables, mushrooms, fish, seaweed, and green tea, along with a modified version that added fruit, fresh vegetables and dairy products. ---------- New giant slide in southwest Japan closed after 4 people break bones KITAKYUSHU, Japan - A newly opened giant slide in southwestern Japan has been closed after four people sustained broken bones while using it, the local government said Friday. The 30-meter slide at the top of Mt. Sarakura in Kitakyushu, a popular nightscape spot, opened to the public on April 25, but a tourist from Taiwan in her 30s broke her shin on May 28 while using it. ---------- Century-old former Russian Consulate in Hokkaido reborn as hotel HAKODATE, Japan - The former Russian Consulate in Hakodate, Hokkaido, built in 1908 by the Russian Empire and featured in the popular manga "Golden Kamuy," will reopen as a luxury hotel in July after remaining vacant for nearly 30 years. The redbrick building, perched on a hill with sweeping views of Hakodate Port, has been reborn as Hotel Biaclyn Hakodate, a six-suite wellness retreat featuring a blend of Western architecture and Japanese design. ---------- Football: Nadeshiko Japan beaten 3-1 by Spain in friendly LEGANES, Spain - Japan took the lead but went down 3-1 away to a dominant Spain in a women's football international friendly on Friday, their third straight defeat in a month. Nadeshiko Japan won the SheBelieves Cup with three straight victories in February as their Danish manager Nils Nielsen, the first foreigner to lead the side, got his tenure off to a strong start. But a draw with Colombia at home in April and two losses to Brazil since late May have stalled momentum. Video: Tokio's Masahiro Matsuoka apologizes for the pop group's split

an hour ago
ICC Pres. Akane Criticizes U.S. Sanctions
News from Japan World Jun 28, 2025 18:40 (JST) Tokyo, June 28 (Jiji Press)--International Criminal Court President Tomoko Akane has criticized U.S. President Donald Trump's sanctions against the Hague-based court. "The sanctions have had impacts on third countries, and they violate international law," she told Japanese media outlets online Friday. "The ICC system based on the rule of war, which the international community has developed over the years, could collapse" if the sanctions continue, she added. The ICC had launched an official investigation into alleged war crimes by U.S. service members in Afghanistan. The court also issued arrest warrants, including for Israeli Prime Minister Benjamin Netanyahu. These actions angered the United States, which is not an ICC member. [Copyright The Jiji Press, Ltd.] Jiji Press