Japanese Prime Minister Shigeru Ishiba has expressed strong disappointment over a new 25% U.S. tariff on auto parts that took effect today. The measure targets key components like engines and transmissions, adding extra pressure on Japan's iconic car industry. 🚗
Ishiba confirmed that Japan will keep urging the U.S. administration, led by President Donald Trump, to reconsider the tariff measures. This isn’t just about numbers—it’s about ensuring fair trade practices, and Japan is negotiating on all U.S. tariffs, signaling that no comprehensive trade deal will be reached until every issue is addressed.
Returning from high-level talks in Washington, top negotiator Ryosei Akazawa stressed that Japan’s approach is clear: all tariffs need a proper review. For young professionals and tech-savvy readers, this story is a reminder of how global trade decisions can ripple into everyday industries, potentially impacting innovation, pricing, and market dynamics across borders. 🌐
Stay tuned as these discussions continue to unfold in a world where international trade is more interconnected than ever!
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Japanese PM 'strongly disappointed' over U.S. auto parts tariff
cgtn.com