Search

Saved articles

You have not yet added any article to your bookmarks!

Newsletter image

Subscribe to the Newsletter

Join 10k+ people to get notified about new posts, news and tips.

Do not worry we don't spam!

Japan Urges U.S. Not to Raise Tariffs Before Visit

Japan Urges U.S. Not to Raise Tariffs Before Visit

Post by : Shakul

Japan has urged the United States not to impose higher tariffs on Japanese imports as both countries prepare for a high-level meeting between their leaders later this month. Japan’s Economy, Trade and Industry Minister Ryosei Akazawa made the request during a two-hour meeting with U.S. Commerce Secretary Howard Lutnick in Washington.

Akazawa said Tokyo wants the United States to maintain the tariff conditions agreed in a bilateral trade deal reached last year. The concern comes after Washington introduced a temporary 10 percent global tariff following a U.S. Supreme Court decision that struck down several key tariffs introduced earlier by President Donald Trump. U.S. officials have indicated the temporary levy could be increased to 15 percent while a new long-term tariff framework is developed.

Japan fears that any increase beyond the previously agreed rate could disadvantage Japanese exporters, especially in sectors such as automobiles, machinery and electronics. Under last year’s agreement, Japanese imports were subject to a baseline tariff of around 15 percent, while the United States agreed to reduce duties on some products and avoid stacking additional tariffs on items already taxed at higher levels.

The issue comes just weeks before Japanese Prime Minister Sanae Takaichi is scheduled to visit the White House on March 19 for talks with President Trump. Japanese officials say both sides are working to ensure the meeting highlights the strong economic partnership between the two countries and strengthens cooperation in areas such as energy, critical minerals and artificial intelligence.

Japan has also pledged to invest about $550 billion in strategic industries in the United States by the end of Trump’s second term in 2029 as part of the broader economic agreement. The investment package includes projects aimed at supporting energy infrastructure, advanced technology development and AI data centers.

Last month, the two governments announced the first group of projects under the investment plan, worth roughly $36 billion. Among them is a major gas-fired power facility in Ohio designed to supply electricity to energy-intensive AI data centers. Officials are also considering additional initiatives such as small modular nuclear reactors to support future technology infrastructure.

While Akazawa did not reveal Washington’s response to Japan’s request regarding tariffs, he said discussions between the two countries would continue to ensure the existing trade framework remains intact and beneficial for both economies.

March 7, 2026 10:47 a.m. 741

#world news #Global News #Sports News #Business News

Cockroach Janta Party Leads Protests Over India Voter Roll Changes
Oct. 3, 2026 11:09 a.m.
Cockroach Janta Party protests voter roll changes in India as demonstrators demand action over alleged voter deletions and police detentions
Read More
Flydubai Attack Suspect Was Previously Barred From Flying in Oman
Oct. 3, 2026 10:39 a.m.
Flydubai co-pilot accused of attacking the captain was reportedly barred from flying in Oman over concerns about extremist views
Read More
Trump Rules Out US Diesel Export Ban After Europe Agrees to Release Reserves
Oct. 3, 2026 10:20 a.m.
President Donald Trump rules out a US diesel export ban after Europe agrees to release fuel reserves as G7 nations act to ease energy market pressure
Read More
Singapore Air Quality Turns Unhealthy in Central Region as Haze Persists
Oct. 3, 2026 10:07 a.m.
Singapore haze worsens as PSI reaches 104 in the central region, while PM2.5 remains elevated in central and eastern areas amid dry weather
Read More
PM Modi Pays Tribute to Mahatma Gandhi, Urges People to Support Khadi
Oct. 2, 2026 11:41 a.m.
PM Modi pays tribute to Mahatma Gandhi on Gandhi Jayanti and urges citizens to support Khadi and the Swadeshi spirit
Read More
Warrant Issued for One of Eight Accused in Palestinian Kidnapping Case
Oct. 2, 2026 11:11 a.m.
Court issues an arrest warrant after one accused in the Palestinian kidnapping case could not be located despite efforts by authorities
Read More
Japan Says Economy No Longer Needs Excessively Loose Monetary Policy
Oct. 2, 2026 10:37 a.m.
Japan says it no longer needs excessively loose monetary policy as inflation pressures persist and the BOJ weighs its next rate move
Read More
Amazon Seeks to Offload $8 Billion in Nvidia Chips to Investors
Oct. 2, 2026 10:24 a.m.
Amazon plans to move $8 billion in Nvidia chips to investors, using a new financing model to strengthen its balance sheet and support AI growth
Read More
MCMC Warns of Legal Action Over AI Video Showing Mahathir Grieving Hasmah
Oct. 2, 2026 10:05 a.m.
MCMC reviews an AI video of Mahathir grieving Hasmah and warns that legal action may follow if the content violates Malaysia’s laws
Read More
Trending News