Japanese Prime Minister Shigeru Ishiba: Difficult tariff negotiations with the United States ongoing, no agreement reached yet

According to ChainCatcher, Japanese Prime Minister Shigeru Ishiba stated that Japan and the United States have engaged in tough negotiations over tariffs, but have yet to reach an agreement, as Japan believes it should not make concessions lightly.

Ishiba expressed regret over the U.S. announcement of increased tariffs and pointed out that through previous negotiations with the U.S., Japan successfully avoided tariffs rising to 30% to 35%. The U.S. has proposed to continue talks until the new deadline of August 1.

Ishiba emphasized that Japan will continue its dialogue with the United States in pursuit of an agreement that benefits both parties.