Back to news
Japan and US trade negotiators spoke again on Saturday, Japan govt says
@Source: indiatimes.com
Japan's top tariff negotiator, Ryosei Akazawa, and U.S. Commerce Secretary Howard Lutnick spoke by phone for 30 minutes on Saturday and explored the possibility of a trade deal, the Japanese government said in a statement. Akazawa held separate in-person meetings on Friday with both Lutnick and Treasury Secretary Scott Bessent -- meetings that Akazawa had described to media on Friday as very detailed and an advance towards a potential trade agreement. Using similar language, the Japanese government statement described Saturday's discussion between Akazawa and Lutnick as very in-depth and said the two sides explored the possibility of reaching an agreement that would benefit both countries. The statement said the negotiations occurred with an eye towards the planned meeting between Prime Minister Shigeru Ishiba and U.S. President Donald Trump on the sidelines of the Group of Seven leaders' summit that begins on Sunday in Canada. Japan has been hoping to clinch a deal at the summit. Japan faces a 24% tariff rate starting in July unless it can negotiate a deal with the U.S. It is also scrambling to find ways to get Washington to exempt its automakers from 25% tariffs on automobiles, Japan's biggest industry.
Related News
23 Mar, 2025
India News | Delhi Saves 269 MW Power by . . .
01 Apr, 2025
Paige Bueckers scores career-high 40 poi . . .
20 Jul, 2025
Jalen Hurts and Bry Burrows Are a Cute C . . .
31 May, 2025
Erik ten Hag wants to sign two Mancheste . . .
11 Jun, 2025
Lynch unaware penalties were a prospect . . .
01 Apr, 2025
Former Masters Champion details prison l . . .
10 May, 2025
Sweet reason Kellie Harrington's Olympic . . .
17 Mar, 2025
Center Parcs to open new zipline attract . . .