The Fort Worth Press - Japan PM presses Trump on tariffs ahead of new talks

USD -
AED 3.673021
AFN 64.99982
ALL 81.118144
AMD 360.743464
ANG 1.789785
AOA 917.000063
ARS 1540.330602
AUD 1.423508
AWG 1.8
AZN 1.697491
BAM 1.747272
BBD 2.014223
BDT 123.910645
BGN 1.747831
BHD 0.377301
BIF 2998.5
BMD 1
BND 1.28047
BOB 11.855935
BRL 5.418697
BSD 1.000054
BTN 95.138718
BWP 13.795445
BYN 2.941694
BYR 19600
BZD 2.011337
CAD 1.40138
CDF 2315.000224
CHF 0.82676
CLF 0.025048
CLP 989.039582
CNY 6.67805
CNH 6.667515
COP 3146.44
CRC 455.262182
CUC 1
CUP 24.001537
CVE 98.508503
CZK 21.759302
DJF 177.719857
DKK 6.67944
DOP 61.205437
DZD 135.069589
EGP 56.254699
ERN 15
ETB 163.804155
EUR 0.8937
FJD 2.235701
FKP 0.747708
GBP 0.74875
GEL 2.589585
GGP 0.747708
GHS 11.624993
GIP 0.747708
GMD 73.999871
GNF 8850.751336
GTQ 7.644581
GYD 209.560055
HKD 7.845494
HNL 26.849631
HRK 6.732899
HTG 130.986148
HUF 328.281503
IDR 18146
ILS 3.084145
IMP 0.747708
INR 95.14785
IQD 1515.082481
IRR 1832374.999783
ISK 121.890232
JEP 0.747708
JMD 158.771424
JOD 0.708957
JPY 157.425503
KES 129.849678
KGS 87.450229
KHR 4077.348116
KMF 439.500483
KPW 899.999961
KRW 1325.585002
KWD 0.31073
KYD 0.833426
KZT 450.973998
LAK 22507.604826
LBP 89554.609574
LKR 332.292546
LRD 170.008621
LSL 16.631453
LTL 2.95274
LVL 0.60489
LYD 6.412679
MAD 9.823022
MDL 17.971064
MGA 4541.901363
MKD 54.964674
MMK 2099.851486
MNT 3598.994658
MOP 8.08144
MRU 40.21459
MUR 47.129711
MVR 15.459748
MWK 1734.123669
MXN 18.561105
MYR 4.0861
MZN 63.909383
NAD 16.631602
NGN 1346.379766
NIO 36.798306
NOK 9.30779
NPR 152.221592
NZD 1.757191
OMR 0.384496
PAB 1.00004
PEN 3.44761
PGK 4.549069
PHP 63.924501
PKR 276.741666
PLN 3.935199
PYG 5764.978626
QAR 3.655709
RON 4.779396
RSD 105.016008
RUB 80.799646
RWF 1478.619383
SAR 3.744737
SBD 8.07458
SCR 13.855796
SDG 601.502503
SEK 9.94123
SGD 1.280355
SHP 0.7473
SLE 22.949737
SLL 20969.504398
SOS 571.489831
SRD 37.692009
STD 20697.981008
STN 21.887898
SVC 8.750692
SYP 13001.999685
SZL 16.625646
THB 33.769892
TJS 9.225574
TMT 3.51
TND 2.987372
TOP 2.40776
TRY 49.761501
TTD 6.796771
TWD 32.5625
TZS 2645.002982
UAH 45.657837
UGX 4480.338773
UYU 40.103811
UZS 11968.60664
VES 879.788899
VND 25842.5
VUV 118.791596
WST 2.767791
XAF 586.22858
XAG 0.018483
XAU 0.000248713839
XCD 2.70255
XCG 1.802377
XDR 0.707052
XOF 586.22858
XPF 106.5435
YER 236.098
ZAR 16.627497
ZMK 9001.198647
ZMW 20.135703
ZWL 321.999592
SSP 5745.299755
MXV 2.094078
  • RIO

    -0.3300

    97.04

    -0.34%

  • CMSC

    -0.0400

    20.67

    -0.19%

  • RELX

    0.0000

    33.41

    0%

  • RBGPF

    0.0000

    67.95

    0%

  • BCE

    -0.0700

    21.99

    -0.32%

  • BCC

    -0.0300

    75.66

    -0.04%

  • GSK

    0.8600

    51.08

    +1.68%

  • JRI

    -0.0300

    11.52

    -0.26%

  • NGG

    -0.1200

    76.68

    -0.16%

  • CMSD

    0.0900

    20.54

    +0.44%

  • BTI

    -0.0800

    55.75

    -0.14%

  • AZN

    2.0200

    168.1

    +1.2%

  • BP

    -1.4200

    43.16

    -3.29%

  • RYCEF

    0.4600

    19.7

    +2.34%

  • VOD

    0.0700

    17.02

    +0.41%

Japan PM presses Trump on tariffs ahead of new talks
Japan PM presses Trump on tariffs ahead of new talks / Photo: © JIJI Press/AFP

Japan PM presses Trump on tariffs ahead of new talks

Japan's Prime Minister Shigeru Ishiba said Friday that he had again pressed US President Donald Trump on tariffs, in a phone call ahead of fresh talks on easing the levies.

Text size:

Japan, a key US ally and its biggest investor, is subject to the same 10 percent baseline tariffs imposed on most nations plus steeper levies on cars, steel and aluminium.

Trump also announced 24 percent "reciprocal" tariffs on Japan in early April, but later paused them along with similar measures on other countries until early July.

Ishiba said he spoke with Trump for 45 minutes on Friday morning -- Thursday evening in Washington -- and that a "broad range of topics were discussed, including tariffs and economic security".

"I conveyed to him Japan's position on US tariffs," Ishiba told a news conference in Tokyo, adding that there was "no change to our calls for the removal of tariffs".

"As I've said before, it's not just about tariffs but about investment. There will also be no change to our position that Japan and the US will cooperate on generating employment in the US," he said.

The comments came as Japan's tariffs envoy, economic revitalisation minister Ryosei Akazawa, left for Washington for a third round of talks.

"The series of tariff measures taken by the US are regrettable. We'll strongly demand a review of these measures," Akazawa told reporters at Tokyo's Haneda airport.

"But we have to reach an agreement, so it has to be win-win for both sides. We'll listen carefully to the various proposals and ideas of the US side, and look for common ground between the two sides," he said.

Public broadcaster NHK and other Japanese media reported, citing government sources, that US Treasury Secretary Scott Bessent would not attend the talks this time.

Akazawa would travel again to Washington on May 30, the reports said.

Trump's 25-percent auto tariffs are particularly painful for Tokyo, with roughly eight percent of all Japanese jobs tied to the sector.

Early this month, the Trump administration also slapped a new 25 percent import tax on auto parts including engines and transmissions.

At the White House in February, Ishiba had promised Trump that yearly Japanese investment would increase to $1 trillion.

"Although the recent US-China and US-UK trade deals indicate that Washington is aiming to de-escalate trade tensions, Japan-US negotiations have made little headway," said Stefan Angrick at Moody's Analytics.

"Japan's position as the world's largest foreign investor in the US hasn't shielded it from tariff threats, so promising more investment is an unconvincing bargaining chip," he added.

A.Nunez--TFWP