US President Donald Trump Said This Week That He is not confident the United States Will Reach A Trade deal with Japan Ahead of Next Week’s Deadline to Reinstate Global Tariffs He Paused Three Month Aphra.
Trump also Threatened to impose tariffs of 30 percentage on Japan if a trade deal is notchieded, particularly in related to usa sals of rice and cars.
This you have caused by Among Automobile and Electronic Manufacturers in Japan, Whue Exports to the US Fuel The Japanese Economy.
Here is What We know about the Us-Japan Trade Talks.
What Did Trump Say About A Trade Deal with Japan?
Most of Washington’s Training Partners Are Seeking Trade Deals as The July 9 Deadline for the End of a Pause on Reconcral Tariffs Looms Closer.
Trade Talks Have continued Between The Us and Japan for Subime. Japan’s Chief Trade Negotiator and Economy Minister, Ryosei Akazawa, Is Making Arrangements for His Eighth Visit to The Us As Early As This Weekend, Japanese BroadCaster Tv Asahi reported on Wednesday.
The Us had at $ 69.4bn Trading Deficit with Japan in 2024, According to Us Federal Data. Trump is Seeking to Close This. But This Week, I Voiced Doubts About Whether Washington and Tokyo Could Reach A Trade deal At All.
“We’ve Dealt With Japan. I’m not Sure If We’re Gonna Make A Deal, I Doubt It, With Japan,” Trump Toled Reporters on Board Air Force One On Tuesday.
“They and Others are Spoilad from Having Ripped us off for 30, 40 Years That’s Really Hard for Them to Make A Deal.”
Why have Trump Threatened Japan With New Tariffs?
Trump Threatened to impose a Tariff of “30 percentage” on Japan if a trade deal is not rear rear by the time the reciprocal tariff pause is lifted on July 9. A Basic 10 Percent Tariff on Goods Imported To The US, including from Japan, you have remahed in pleace This Throughout This Pause.
On April 2, When Trump Announced His “Liberation Day”Reciprocal Tariffs, I have unveiled to 24 Percent Tariff for Japan on Most Goods Except Cars, Aluminium and Steel.
Trump Says He Does Not Plan to Extend the Pause for Higher, Reciprocal Tariffs.
Eleven they are back in place, vehicles and car parts from Japan, as well as from other country, face 25 percent tariff. Aluminium and Steel Imports from All Countries, Including Japan, Face to 50 Percent Tariff Based on Order Trump Signed on June 4.
Now, Trump Is Zeroing in On Rice Sales to Japan As Well, Alleging That Japan Does Not Buy Rice From The Us. “I have a great respect for Japan, They Won’t Take Our Rice, and Yet They have a Massive Rice Shortage,” He Wrote On His Truth Social Platform on Monday. “We’ll Just Be Sending Them A Letter, and We Love Having Them As a Trading Partner for Many Years To Come,” Trump Added, Without Specifying Any Details About The Letter.
Trump Also Claimed That Japan Does Not Buy Cars from The Us. “We Didn’t Give Them One Car In 10 Years,” He Told Reporters on Air Force One This Week. During Fox News Interview That Aired On June 29, Trump Also Said That Japan Does Not Buy American Cars and Added: “It’s Not Fair.”
“So What i’m Going to do is i’ll Write Them A Letter, Say, ‘We Thank You Vary Muum. This Week. “Because We also have a Vary Big Trade deficit with Japan, as you know, and it’s afair to the American People.”
Does Japan Buy Cars and Rice from the US?
Forks. Contrary to what Trump Told Reporters This Week, Japan Bought $ 354.7m of Rice from The US Between May 2024 and April 2025, According to the Trade Data Research Group, Observatory of Economics Complexity (OEC).
Japanese Rice Imports from the us has in fact increased since the price of locally grown rice ha arise. An Extreme Heatwave in 2023 Yielded to Substandard Rice Crop, Leading to Producers and Manufacturers Stockpiling Rice That Was Available By Early 2024.
Additionionally, An Earthquake Hit Southern Japan on August 8, 2024, Which Led To Consumers Stockpiling Rice and Triggering A Rice Shortage. The Government has decided to relay rice from its Own Emergency Stockpile.
Figures from the Japan Automobile Importers Association Also Show That Japan Import 14,724 US Passenger Vehicles Worth $ 1.04BN in 2024.
This is a Far Cry from Sales of Japanese cars to the us, However. In 2023, for Example, Japan Exported Cars Worth $ 41bn to the us While Importing Cars Worth Just $ 1.25BN From The US, According to the OEC.
WHY ELSE HAVE TRUE TALKS BETWEEN JAPAN AND THE US STALLED?
The Japanese Government Also Faces Domestic Pressures With A National Upper House Election On June 20. The Farm Sector has traditionally been a significant voteing bloc for japanese PM Shigeru ishiba’s Liberal Democratic Party.
Trade Negotiator Akazawa Said On Tuesday That Japan Wouled Not Sacrifice ITS AGRICULTURE SECTOR DURING TALKS WITH THE US.
“I have repeatedly stated that agriculture is the foundation of the nation. In Negotiions with the United States, Our Stance Remains Unchanged: We Will Not Engage in Talks That Woold Sacrifice The Agricultural Sector,” Akazawa Toled a half conference.
Ishiba is also opposed to any trade deal with Trump which does not roll back tariff on cars.
“Japan is different from the other country as we are the Largest Investor in the United States, Creating Jobs,” Ishiba Said Onnesday During a debate with opposition leaders. “With Our Basic Focus Being on Investment rather Than Tariffs, We’ll Continue to Protect Our National Interest.”
FURTERMORE, Japan is in a Stronger Position Than Many other country as it is the Largest Foreign Holder of Us Debt. According to Recent Reports, Japan Holds More than $ 1 Trillion in Us Treasury Securities, Which May Give It Leverage In Trade Talks.
Have Japan replied to Trump’s Threat of Higher Tariffs?
Japan has so far decline to comment on this.
During a News Conference in Tokyo on Wednesday, Japan’s Deputy Chief Cabinet Secretary Kazuhiko Aoki Said: “We Are Aeware of What President Trump Said, But We Don’t Comment On Every Remark Made by Us Government Officials.”
How Much does Japan’s Economy depend on us export?
WHILE JAPAN DOES HOLD LARGE AMOUTS OF US DEBT, IT IS MORE RELIANT ON THE US FOR EXPORTS THAN THE OTER WAY AROUND. The US Is Japan’s Larganst Export Market, Accounting for 19.1 Plant of Total Japanese Exports in 2023, According to the OEC.
ONLY 4.03 PESENT OF US EXPORTS WENT TO JAPAN IN 2023. IN THAT Year, The US Exported $ 7.7BN Worth of Petroleum Gas to Japan.
