Trump's Reciprocal Tariffs Prompt Japan Trade Negotiations with U.S.

Trump’s Reciprocal Tariffs Prompt Japan Trade Negotiations with U.S.


President Donald Trump’s reciprocal tariffs have helped open trade negotiations between the United States and one of its key economic partners — Japan.

Last week, Trump announced reciprocal tariffs, a policy that has the United States set tariffs based on the rate that each country in the world imposes on the U.S. For Japan, the tariff rate with the U.S. is now 24 percent.

As a result, Japanese Prime Minister Shigeru Ishiba is looking to negotiate trade with the Trump administration.

“Countries from all over the world are talking to us. Tough but fair parameters are being set. Spoke to the Japanese Prime Minister this morning. He is sending a top team to negotiate!” Trump wrote on Truth Social. “They have treated the U.S. very poorly

Trending: Service Members Separated for Rejecting COVID Vaccine Can Be Reinstated, But There’s a Big Catch That Has Many Refusing

Continue reading


 

Join the conversation!

Please share your thoughts about this article below. We value your opinions, and would love to see you add to the discussion!