Japan Proposes Tariff Deal with U.S. by June

Japan Proposes Tariff Deal with U.S. by June

Tokyo, May 26 — Japan’s top trade negotiator, Ryosei Akazawa, has expressed Tokyo’s intention to accelerate tariff negotiations with the United States, aiming to reach a consensus ahead of a scheduled June summit between U.S. President Donald Trump and Japanese Prime Minister Shigeru Ishiba, Bloomberg reports.

Akazawa emphasized Japan’s readiness to engage in constructive dialogue, highlighting the importance of resolving tariff-related issues in light of growing global economic uncertainty. The move is seen as part of Japan’s broader strategy to safeguard key sectors, particularly automotive and electronics, from potential tariff hikes by Washington.

"Japan is committed to finding common ground with the United States and reaching a mutually beneficial agreement," Akazawa stated during a press briefing. He underscored the need for both sides to approach the talks with flexibility and a long-term perspective on economic cooperation.

Although specific terms of a potential agreement have not been disclosed, sources suggest that both nations are seeking a framework that would stabilize trade relations and prevent future disputes.

The upcoming meeting between President Trump and Prime Minister Ishiba is expected to serve as a crucial milestone in the bilateral economic dialogue. Observers believe a successful agreement could ease tensions and send a positive signal to global markets.

Further developments are anticipated following the leaders' summit in June, which could pave the way for a new chapter in U.S.–Japan trade relations.