“The US government aims to close a new trade agreement with Japan within 90 days,” the Japanese side said
US President Donald Trump is referring to “great progress” after meeting with Japanese officials at the White House on Wednesday, focusing on duties and trade.
The meeting took place two days after the president’s top financial adviser said the United States is close to agreements with more than 10 commercial partners, according to Abcnews.
The US president, in a post on Truth Social, made a little information on negotiations with the Japanese delegation, without giving further details.
“My meeting with the Japanese delegation for trade is a great honor. Great progress! ”, Trump wrote.
“The president will decide when he will be satisfied with the deal and when he will announce it. But I can tell you that there was a lot of progress »said the Kevin HassetDirector of the National Financial Council of the White House.
A Great Honor to Have Just Met with the Japanese Delegation on Trade. Big Progress!
From Donald Trump Truth Social 04/16/25 05:48 PM pic.twitter.com/ohtxmtfqex
– Donald J. Trump posts from his Truth Social (@trumpdailyPosts) April 16, 2025
In particular, the Japanese Minister of Finance participated in the delegation Rionyi Akazawa. This latter only met with the US Minister of Finance Scott Bessed and with the dealer for trade (Ustr) JIMISON GRIRhowever Donald Trump He said earlier yesterday that he was going to meet the delegation.
“Japan is coming today to negotiate for duties, the cost of military support (USA in Japan) and ‘commercial justice’. I will participate in the meeting »announced.
Mr Trump’s presence in these conversations shows How important it gives to bilateral negotiationsagainst the backdrop of the world trade war it launched, deciding huge increases in customs duties in many countries.
Washington’s dedicated ally for decades and a major source of foreign investment in the US, Japan has been confronted, like other countries, with US additional 25% customs duties in cars, steel and aluminum.
It is also threatened to undergo “reciprocal” additional customs duties on all its products exported to the US, although Donald Trump suspended all additional duties for 90 days last week, except those targeting China. However, a 10% base duty is applied to almost all imported items.
Connecting the issue of trade negotiations with the cost of US military support in Japan, critical to Tokyo against China and North Korea, Mr Trump stepped pressure on the Japanese side before even starting conversations.
Before traveling to the US, Royose Akazawa said he hoped to “Building a relationship of trust and good negotiations that will lead to a mutual lucrative partnership. “. His visit is expected to last until Friday.
Prior to the talks, the Japanese automaker Honda announced yesterday that it is transferring to the US the production of the Civic hybrid model.
After Japan, negotiations are expected to take place with South Korea and Indonesia in Washington in the coming days to discuss possible compromise on trade.
Rioni Akazawa: The US wants an agreement “within 90 days”
“The US government aims to close a new trade agreement with Japan before the expiry of the deadline for the implementation of the huge” reciprocal “customs duties that have been suspended.”Japanese negotiator reported Wednesday Rionyi Akazawa, After his first talks in Washington, with no immediate result.
“I understand that the US wants to be closed agreement within 90 days. For our part, we want to be done as soon as possible, but this is a two -part negotiation, we do not know what the evolution of the conversations will be. “noted by Mr. Acasawa, after his meetings with the US Minister of Finance Scott Bessed and the dealer for trade (ustr) JIMISON GRIR.
Source :Skai
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