Economy

Japan's Prime Minister Slams US Auto Tariffs as 'Absolutely Unacceptable' Amid Rising Trade Tensions

Japan-US Trade Talks Heat Up Over Auto Tariffs

In a recent interview with Fuji News Network, Japanese Prime Minister Shigeru Ishiba strongly criticized the proposed US auto tariffs, labeling them as "absolutely unacceptable". This bold statement highlights the growing tensions between the two nations as they engage in crucial trade discussions.

Washington's Stance on Tariff Exemptions

Reports from Kyodo News suggest that the United States is hesitant to grant Japan an exemption from the new import duties. The proposed 10% reciprocal tariff scheme, which targets automobiles and steel, has become a significant point of contention in the ongoing Japan-US ministerial trade talks.