Latest news with #JapanUS
NHK
14-07-2025
- Automotive
- NHK
Trump reiterates frustration over auto trade with Japan
US President Donald Trump has reiterated that he believes Japan isn't doing enough to open its markets to US exports, in particular in the auto industry. Trump was speaking to reporters at an Air Force base outside Washington on Sunday about tariff negotiations with Japan and other countries and regions. He said that while the European Union wants to open up its markets, Japan has done so "to a much lesser extent, in terms of opening up their country." Trump repeated his claim that Japan sells the US "millions and millions" of cars a year and that Japan won't accept US autos or much agricultural products. He went on to say that Japan and other US trading partners are "all changing their ways very, very rapidly." The US president offered no details about what he meant by "changing their ways." Trump announced on July 7 that he will impose a 25 percent tariff on imports from Japan starting on August 1. Attention is focusing on Japan-US tariff negotiations and whether they can narrow disagreements between the two countries.
Business Standard
04-07-2025
- Business
- Business Standard
Yen recovers on upbeat spending data and trade hopes
The Japanese yen staged a firm rebound in early electronic trading today, recovering from a sharp 1% decline in the prior session that had pushed it to 145.23. The recovery was supported by stronger-than-expected household spending data for May, reflecting the impact of recent fiscal stimulus. Sentiment also improved amid hopes of progress in JapanUS trade talks, with Tokyo firmly opposing a potential 25% tariff on its vital auto sector. Meanwhile, the dollar indexs retreat to 96.58 added to the yens upward momentum.
Reuters
18-06-2025
- Business
- Reuters
Japan PM Ishiba says disagreements remain with U.S. on tariff talks
KANANASKIS, Alberta, June 17 (Reuters) - Japan's Prime Minister Shigeru Ishiba said his country has not reached a comprehensive tariff agreement with the United States as some disagreements persist between the two nations. Ishiba, talking to reporters after the Group of Seven summit on Tuesday, emphasised the importance of securing a trade deal that benefits both countries while safeguarding Japan's national interests.
Bloomberg
07-06-2025
- Business
- Bloomberg
Japan Won't Wait for G-7 Summit for Possible US Trade Deal
Supply Lines is a daily newsletter that tracks global trade. . Japan won't necessarily wait for the Group of Seven Summit set to take place in Canada next week to seal a trade deal with the US if the two sides can agree earlier, Japan's top negotiator Ryosei Akazawa said in Washington DC on Friday.
