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EconomyWorld News

Japan is considering a visit by the Prime Minister to Washington to enhance the trade agreement with the United States.

June 1, 20253 ViewsRead Time: 2 minutes
Japan is considering a visit by the Prime Minister to Washington to enhance the trade agreement with the United States.
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The Japanese government is considering Prime Minister Shinjiro Ishiba's visit to Washington to meet with U.S. President Donald Trump before the upcoming G7 summit scheduled for mid-this month.


This move is part of Japan's efforts to accelerate trade negotiations and avoid new tariffs.


According to the Japanese newspaper "Yomiuri," quoting unnamed government officials, talks between the two countries have shown "indications of progress" regarding reducing U.S. imposed tariffs.


The source noted that the U.S. side has shown "great interest in Japan's proposals," especially after repeated visits by Economy Minister Ryousi Akazawa, who plays a key role in the negotiations.


Akazawa is expected to return to Washington later this week to continue discussions, with a final decision on the Prime Minister's visit to be made thereafter.


Japan, a major U.S. ally, faces significant trade challenges, with tariffs of 24% set to be imposed on its exports starting next month if no agreement is reached.


Tokyo is striving to persuade Washington to exempt its car manufacturing companies, the country's largest industrial sector, from the 25% tariffs on cars.

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