Japanese Prime Minister Shigeru Ishiba has issued his strongest warning yet about the risks U.S. tariffs pose to the global economy, calling for mutual understanding and cooperation ahead of upcoming trade talks with Washington.
Japanese Prime Minister Shigeru Ishiba said on Monday that U.S. tariffs have the potential to disrupt the global economic order, issuing his strongest warning to date about the damage President Donald Trump's decisions could inflict on the world economy.
But he stressed that Japan will seek common ground with the United States on how the two countries can cooperate on issues ranging from trade and national security.
"In negotiating with the United States, we need to understand what's behind Trump's argument both in terms of the logic and the emotional elements behind his views," Ishiba told parliament.
"I am fully aware that what's happened so far has the potential to disrupt the global economic order," he said.
Ishiba also said the government is not thinking of issuing a supplementary budget now but stood ready to act in a timely fashion to cushion the economic blow from U.S. tariffs.
The remarks come ahead of the start of bilateral trade talks on Thursday that are expected to cover themes ranging from tariffs and non-tariff barriers to exchange rates.
In the latest back-and-forth on tariff pronouncements, Trump said on Sunday that he would be announcing the tariff rate on imported semiconductors over the next week.
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On May 8, 2025, the United States proudly commemorates the 80th anniversary of the Allied victory over fascism and the end of World War II in Europe- a defining triumph for freedom and democracy.
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U.S. President Donald Trump is expected to announce a major trade deal with the UK on Thursday, marking Britain’s second deal in a week and potentially lowering tariffs on steel and autos, according to sources cited by the New York Times.
On May 8, 2025, the United States proudly commemorates the 80th anniversary of the Allied victory over fascism and the end of World War II in Europe- a defining triumph for freedom and democracy.
The European Union is expected to announce new tariff counter-measures on Thursday targeting U.S. aerospace exports, including Boeing jets, in response to escalating trade tensions with Washington.
Chinese tech giant Baidu has filed a patent application for a groundbreaking artificial intelligence system capable of translating animal sounds and behavior into human language, according to a report by the South China Morning Post.
According to Israel’s Channel 11, direct talks between Türkiye and Israel are scheduled to take place in Baku on 8 May. The discussions are expected to focus on regional security issues, particularly in the context of the situation in Syria, where the interests of both countries often intersect.
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