Treasury Secretary Scott Bessent said Monday that President Donald Trump has directed him to negotiate a new trade arrangement with Japan as tariffs roil the global economy.
Bessent said Trump had tasked him and United States Trade Representative Jamieson Greer to open negotiations on trade. Earlier on Monday, Trump spoke with Japanese Prime Minister Shigeru Ishiba about U.S. plans to levy tariffs against Tokyo.
“Following a very constructive phone discussion with the Government of Japan, [Trump] has tasked me and [Greer] to open negotiations to implement the President’s vision for the new Golden Age of Global Trade with [Japanese Prime Minister] Shigeru Ishiba and his Cabinet,” Bessent said on X.
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News of the negotiations comes after Trump announced 24% “discounted reciprocal tariffs” on Japan that are
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