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.
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Donald Trump's cabinet members sent mixed signals on whether tariff talks with China are underway, despite Trump's claims, fueling confusion as market instability and recession fears grow amid ongoing tensions between the world’s two largest economies.
A deadly explosion at Iran’s Bandar Abbas port has left at least 40 dead, with more than 1,200 people injured, state media reported on Sunday, halting operations at one of the country’s most vital trade hubs.
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President Ilham Aliyev extended condolences to Iranian President Masoud Pezeshkian over the Shahid Rajaee Port explosion in Bandar Abbas, expressing deep sorrow and wishing a speedy recovery to the injured on behalf of himself and the Azerbaijani people.
Donald Trump's cabinet members sent mixed signals on whether tariff talks with China are underway, despite Trump's claims, fueling confusion as market instability and recession fears grow amid ongoing tensions between the world’s two largest economies.
A deadly explosion at Iran’s Bandar Abbas port has left at least 40 dead, with more than 1,200 people injured, state media reported on Sunday, halting operations at one of the country’s most vital trade hubs.
U.S. Secretary of State Marco Rubio urged for a swift peace agreement between Russia and Ukraine, as the Trump administration decides whether to continue mediation.
Saudi Arabia and Qatar have agreed to settle Syria's $15 million arrears with the World Bank, allowing the institution to resume grants for the country's reconstruction and support for its public sector.
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