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. 381

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

Bahrain Advocates for Global Peace and UN Overhaul at Security Council
May 27, 2026 6:07 p.m.
During a UN debate, Bahrain called for adherence to the UN Charter and advocated for a peaceful two-state solution for Palestine.
Read More
Nine Arrested in Ontario's Major Auto Theft Investigation, Including Seven Teens
May 27, 2026 6:04 p.m.
Nine individuals, predominantly teens, have been arrested in Ontario amid a significant auto theft investigation.
Read More
Pressure Mounts on US-Iran Ceasefire as Trump Hosts Cabinet Discussion
May 27, 2026 5:59 p.m.
US-Iran ceasefire talks intensify under new pressures as President Trump convenes his Cabinet amidst escalating tensions.
Read More
Hantavirus Outbreak Linked to Cruise Ship Grows to 13 Cases After New Detection in Spain
May 27, 2026 5:55 p.m.
The WHO reports a rise to 13 hantavirus cases linked to a cruise ship outbreak following a new infection detected in Spain.
Read More
UFC Cage Takes Center Stage on White House Lawn During Trump Celebrations
May 27, 2026 5:49 p.m.
A striking UFC cage was placed on the White House lawn, igniting conversation during celebrations linked to Donald Trump.
Read More
South Korea Connects Recent Ship Attack in Hormuz to Potential Missile Action
May 27, 2026 5:48 p.m.
South Korea links a recent ship attack in the Hormuz Strait to a possible missile strike, raising alarms over maritime security.
Read More
NASA's Vision for a Permanent Moon Outpost Revealed
May 27, 2026 5:43 p.m.
NASA aims to construct a permanent Moon base near the lunar south pole, supporting human missions and paving the way for Mars exploration.
Read More
US World Cup Squad Unveiled with Pulisic and Adams at the Helm
May 27, 2026 5:34 p.m.
The US Men's National Team reveals its squad for the 2026 FIFA World Cup, led by stars Christian Pulisic and Tyler Adams under Pochettino.
Read More
One Fatality in US Military Strike on Suspected Drug Vessel in Pacific
May 27, 2026 5:29 p.m.
A US strike on a suspected drug boat in the Pacific has resulted in one death and two individuals left adrift in the ocean.
Read More