Japan Economy

Japan Condemns Unilateral US Tariffs, Demands Retraction

Japan strongly condemned the U.S.’s imposition of reciprocal tariffs, expressing serious concern over potential violations of global trade rules and the significant negative impact on bilateral economic ties. Prime Minister Ishiba vowed to urge President Trump to reconsider the tariffs, even through a personal appeal. The Japanese government is exploring retaliatory options while emphasizing the substantial Japanese investments in the U.S. economy. Disputes over tariff calculations on goods like rice and cars highlight the sensitivity of the issue for both nations.

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Japan Weighs Response to US Auto Tariffs Amid Growing Tensions

Japan strongly protested the U.S.’s announcement of a 25 percent tariff on all imported automobiles, deeming the move “extremely regrettable” and urging its exclusion from the measure. The Japanese government highlighted the significant economic contributions of Japanese automakers to the U.S., including substantial investments and job creation. Despite prior requests for exemption, Japan’s pleas for preferential treatment were unsuccessful, prompting consideration of various response options. The planned tariff hike, set to begin April 3rd, is expected to negatively impact both the Japanese and global economies.

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