Japan Negotiator Cancels U.S. Trip as Work on Tariff Details Continues
Japan postponed finalizing a $550 billion investment deal with the U.S. due to unresolved tariff disputes, seeking amendments to presidential orders on reciprocal tariffs first.
- Japanese negotiator Akazawa cancelled a scheduled trip to the US to discuss tariff details.
- The US had promised to amend an executive order capping tariffs on Japanese imports at 15% but has not provided written confirmation.
- Japan wants the US to amend the executive order on tariffs before releasing details of a promised $550 billion investment package for the US.
65 Articles
65 Articles
Japans trade negotiator cancels US visit over tariff deal snag
Japan s top trade negotiator cancelled a visit to the United States at the last minute on Thursday, further delaying talks designed to finalise a $550 billion investment package offered by Tokyo in exchange for relief on punishing tariffs. MORE..
Japan’s Trade Envoy Cancels U.S. Trip Amid Tariff Deal Impasse
TOKYO, Aug 28 – Japan’s top trade negotiator, Ryosei Akazawa, has cancelled a visit to the United States to finalize a $550 billion investment package offered by Tokyo in exchange for relief on punishing tariffs. The package, which includes government-backed loans and guarantees, was agreed upon in July to set a reduced 15% tariff on […] The post Japan’s Trade Envoy Cancels U.S. Trip Amid Tariff Deal Impasse appeared first on Modern Diplomacy.
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