Japan and the U.S. are facing tough trade talks as Tokyo resists quick concessions under tariff pressure from President Trump, preferring a balanced deal over a rushed agreement ahead of elections and amid broader tensions with China.
During a recent White House meeting with U.S. President Donald Trump, Tokyo’s top trade negotiator gifted him a gold-colored piggy bank, a present ironically made in China, the main target of Trump’s global trade war. The gift served as a subtle reminder of the complexity of the global supply chains Trump seeks to reshape.
Trump aims to secure quick bilateral trade deals, with Japan seen as a key test case. However, negotiations are already showing signs of difficulty. Japan, while a close U.S. ally, maintains strong economic ties with China and faces political risks ahead of upcoming elections.
Experts note that Trump is pushing for quick concessions to show he is a tough negotiator, but Japan’s government is wary of making compromises that could hurt farmers or the auto sector, both critical voter bases. Tokyo remains cautious, especially as Trump’s auto tariffs remain in place despite a temporary pause.
Japan’s negotiator, Ryosei Akazawa, will soon head back to Washington for a second round of talks. While Trump expressed optimism after their initial meeting, many big issues are still unresolved, and Tokyo seems prepared to prioritize the quality of a deal over rushing to meet U.S. timelines.
Analysts believe Japan may adopt a wait-and-see strategy, preferring a strong, well-balanced deal rather than quick concessions, while Trump appears focused on securing fast, visible wins amid broader trade tensions with China.
Japanese stocks saw the largest foreign inflow in four weeks during the week ending 14 June, driven by optimism over U.S.-China trade talks and a weaker yen supporting exporters’ earnings.
South Korea and Japan have agreed to deepen their cooperation with the United States in addressing regional security challenges, including North Korea, during a bilateral meeting held on the sidelines of the G7 summit in Canada, according to local media reports.
Japanese Prime Minister Shigeru Ishiba announced on Tuesday that Japan and the United States have not reached a comprehensive tariff agreement, with key disagreements persisting between the two economic powers.
U.S. President Donald Trump said on Tuesday that Treasury Secretary Scott Bessent had remained at the G7 summit in Canada to continue discussions, while he returned to Washington to address Middle East developments.
South Korea’s new president Lee Jae-myung will meet Japanese Prime Minister Shigeru Ishiba during the G7 summit in Canada, marking his first major diplomatic engagement.
Azerbaijan and Poland discussed closer cooperation in digital tax reforms and innovation during a high-level meeting held on the sidelines of the IOTA General Assembly in Baku.
A 32°C heatwave expected to grip England has been made a 100 times more likely by human-caused climate change, according to a rapid scientific analysis released Thursday.
Kazakhstan’s flagship carrier, Air Astana, will temporarily suspend its flights from Atyrau to Dubai starting June 28, due to a significant increase in flight duration.
Several EU Member States have activated the EU Civil Protection Mechanism (UCPM) to assist the departure of citizens due to the airspace closures in the Middle East. Slovakia, Lithuania, Greece, Poland and Portugal have requested UCPM support to assist the departure of their nationals.
A high-speed tram derailment in central Gothenburg, Sweden, has left at least eight people injured late on Thursday (19 June), after the vehicle slammed into a snack bar on Avenyn Avenue.
Iranian missiles struck multiple locations across Israel and neighbouring regions early Friday morning, including a Microsoft office complex, according to emergency responders and local media reports.
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Israeli strikes have reportedly targeted areas near the residences of Iran’s Supreme Leader Ayatollah Ali Khamenei and President Masoud Pezeshkian, according to the New York Times, citing local witnesses.
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Russia and Kazakhstan have signed a formal agreement to move forward with the construction of a nuclear power plant in Kazakhstan, marking a key step in their energy cooperation.
A nationwide transport strike on Friday disrupted travel across Italy, with major delays and cancellations reported in rail, air, and public transit services.
Several EU Member States have activated the EU Civil Protection Mechanism (UCPM) to assist the departure of citizens due to the airspace closures in the Middle East. Slovakia, Lithuania, Greece, Poland and Portugal have requested UCPM support to assist the departure of their nationals.
A high-speed tram derailment in central Gothenburg, Sweden, has left at least eight people injured late on Thursday (19 June), after the vehicle slammed into a snack bar on Avenyn Avenue.
China issued red alerts as extreme monsoon rain trigger flash floods across central and southern regions, threatening lives, and infrastructure.
Azerbaijan and Poland discussed closer cooperation in digital tax reforms and innovation during a high-level meeting held on the sidelines of the IOTA General Assembly in Baku.
A 32°C heatwave expected to grip England has been made a 100 times more likely by human-caused climate change, according to a rapid scientific analysis released Thursday.
Kazakhstan’s flagship carrier, Air Astana, will temporarily suspend its flights from Atyrau to Dubai starting June 28, due to a significant increase in flight duration.
Several EU Member States have activated the EU Civil Protection Mechanism (UCPM) to assist the departure of citizens due to the airspace closures in the Middle East. Slovakia, Lithuania, Greece, Poland and Portugal have requested UCPM support to assist the departure of their nationals.
A high-speed tram derailment in central Gothenburg, Sweden, has left at least eight people injured late on Thursday (19 June), after the vehicle slammed into a snack bar on Avenyn Avenue.
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