Latest news with #USNegotiators
Bloomberg
13-06-2025
- Automotive
- Bloomberg
Akazawa Sees a Deal With US Sparing Japan From Higher Car Levies
Japan's top trade negotiator expects a trade deal with the US to spare Tokyo from higher auto tariffs, even if US President Donald Trump decides to increase them against other nations. 'We are in bilateral negotiations with the US,' Ryosei Akazawa said Friday as he left for Washington for his sixth round of trade talks with US counterparts. 'Generally speaking, if we reach a deal it should secure special treatment for Japan, and exclude it from rules that apply to most countries.'
Bloomberg
13-05-2025
- Business
- Bloomberg
Chinese Rare Earth Firms Ask for Official Clarity on US Exports
Chinese rare-earth exporters are asking the government to clarify whether they're allowed to sell to the US, after Beijing and Washington called a ceasefire in their trade war. In addition to the dramatic cuts to tariffs announced on Monday by both countries, China said it would suspend or cancel its non-tariff countermeasures imposed on the US since April 2 — an apparent reference to Beijing's addition on April 4 of seven rare earths to its export control list. Numbering 17 in total, those are elements vital to high tech and defense manufacturing, and removing the restrictions was a priority for US negotiators.
