
Trump warns Japan: US president threatens 35% tariff; says Tokyo is 'tough and very spoiled'
During a conversation with journalists on Air Force One, Trump expressed dissatisfaction with Japan's stance on US rice imports and the automotive trade disparity between the nations.
Tired of too many ads? go ad free now
The US president said, "We've dealt with Japan. I'm not sure if we're going to make a deal. I doubt it. They're very tough. You have to understand they're very spoiled."
""I'll write them a letter saying 'We thank you very much. We know you can't do the kind of things that we need. And therefore you'll pay 30%, 35%, or whatever the number is that we determine.' Because we also have a very big trade deficit with Japan," Trump said.
In April, Trump implemented a general 10 per cent tariff on imports from most trading partners, whilst announcing - and subsequently suspending - higher rates for numerous economies to facilitate negotiations.
The suspension ends July 9, after which increased rates will take effect for countries that haven't secured agreements with Washington.
Japan, a crucial US ally and leading investor, faces the standard 10 per cent tariffs applied to most nations, plus additional duties on cars, steel and aluminium.
Earlier on the Truth Social, Trump claimed that Japan 'won't take' rice from the US. However CNN, citing, US Census Bureau trade data called the claim not true and said that Japan bought $298 million worth of rice from the US last year.
Between January and April of this year, Japan bought $114 million worth of rice.
'They won't take our RICE, and yet they have a massive rice shortage. In other words, we'll just be sending them a letter, and we love having them as a Trading Partner for many years to come,' Trump said in a post on Truth Social.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Time of India
11 minutes ago
- Time of India
Deep-Sea Mining: Deep-sea mining negotiators to meet under Donald Trump shadow
UNITED NATIONS: The International Seabed Authority (ISA) meets next week to continue debating rules for ocean floor mining in international waters, after the United States moved to unilaterally kick-start the controversial industry. Tired of too many ads? go ad free now The Jamaica-based body, created by the UN Convention on the Law of the Sea, has been working for over a decade on rules governing mineral extraction on the high seas. Nations are divided over the desire to exploit the ocean depths for nodules rich in metals needed for electric vehicles and other emerging technologies -- and worries about disrupting, or possibly decimating, fragile ecosystems. The United States, which is not a signatory to the UN convention or an ISA member, disrupted the painstaking process this year when President Donald Trump issued an executive order calling for his government to speed up issuing permits for underwater mining, including in international waters. Canadian firm The Metals Company (TMC) jumped at the opportunity and in April filed the first US application for a deep-sea mining license, angering environmental groups and many nations. Against this backdrop, the ISA's 36-member executive council reconvenes Monday in Kingston for two more weeks of negotiations on a "mining code." "Our shared objective remains the completion of the negotiations" this year, Council President Duncan Muhumuza Laki wrote in a letter ahead of the meetings. The Ugandan diplomat said an additional session in the fall may be needed to meet a year-end deadline. Louise Casson of Greenpeace called the push to wrap up negotiations "both very unwise and unfeasible." Nations should not be "bullied" into rushing through rules after TMC's "incredibly controversial and rogue move," she told AFP. Leticia Carvalho, secretary-general of the full ISA, said that with the global body "on the cusp of finalizing" its rules, "it is imperative that we get it right." Tired of too many ads? go ad free now "When I speak of the need for timely action, this should in no way be interpreted as a call for rushed or unconsidered decisions," the Brazilian oceanographer told AFP in an e-mail. Moratorium Members are deeply divided over how to proceed, with a growing number calling for at least a temporary moratorium on deep-sea mining. French President Emmanuel Macron opened the UN Ocean conference last month in Nice saying it would be "madness to launch predatory economic action that will disrupt the deep seabed, disrupt biodiversity, destroy it and release irrecoverable carbon sinks -- when we know nothing about it." His country joined Chile, Costa Rica and Panama in a recent letter saying it is "clear" that the regulations "are not ready for adoption yet," and suggesting discussions on a new timeline. "We categorically disassociate ourselves from any suggestion or interpretation that the Council is bound, legally or politically, to adopt the regulations by the end of the year," the letter said. At the previous session in March, the ISA Council went through a debate on 55 of 107 proposed rules. Carvalho said, though some members "have expressed differing views on the desirability or timing of future mining activities, the overwhelming majority have remained committed to continuing the negotiations with good faith, diligence and unity, recognising the imperative of establishing a robust and science-based regulatory regime." A meeting of the full 169-member ISA is scheduled for July 21-25. The number of ISA members in favour of a precautionary pause to mining continues to grow -- from 12 in 2022 to 37 today, according to the NGO alliance Deep Sea Conservation Coalition -- but they are still far from the majority. At that meeting, Chile hopes to revive its bid to adopt "the protection and preservation of the marine environment" as a "general policy" for the body. The move is seen as a first step towards a moratorium.


Time of India
13 minutes ago
- Time of India
India proposes retaliatory tariffs Against US Over Auto Duties at WTO
India on Friday proposed retaliatory tariffs against the US under the World Trade Organization (WTO) norms over latest American tariffs on automobile imports in the guise of safeguard measures. "The safeguard measures would affect $2.895 billion imports annually into the US of the relevant products originating in India, on which the duty collection would be $723.75 million," New Delhi told the WTO. Last month, India sought consultations with the US after Washington adopted a measure in the form of a 25% tariff increase ad valorem on imports of passenger vehicles and light trucks, as well as certain auto parts originating in or from India. India said its proposed suspension of concessions or other obligations would be in the form of higher tariffs on selected products originating in the US. "Accordingly, India's proposed suspension of concessions would result in an equivalent amount of duty collected from products originating in the US," it said. "This notification is made in connection with safeguard measures extended by the United States of America on imports of automobile parts from India." The US imported $89 billion worth of auto parts globally last year, with Mexico accounting for $36 billion, China at $10.1 billion, and India at only $2.2 billion. This is the second instance of New Delhi proposing retaliatory tariffs on US goods. In May, India proposed to levy retaliatory duties on certain American products under the WTO to counter US tariffs on steel and aluminium in the guise of safeguard measures. At the time, New Delhi told the WTO that these measures would affect $7.6 billion imports into the US. On March 26, the US adopted a safeguard measure in the form of a tariff increase of 25% ad valorem on imports of passenger vehicles and light trucks, and on certain auto parts from India. These measures were effective May 3 for auto parts, and for an unlimited duration. The steps are still to be notified by the US to the WTO, but are, in essence, safeguard measures. India has maintained that the measures taken by the US are not consistent with the General Agreement on Trade and Tariff 1994 and the agreement on Safeguards. As consultations sought by India on these tariffs are still to happen, New Delhi said it reserves right to suspend concessions or other obligations to the US in the meantime.


Time of India
16 minutes ago
- Time of India
Gaza war: Hamas gives 'positive' response to latest ceasefire proposal; says 'fully prepared' for negotiations to end conflict
Israel-Hamas war Hamas said on Friday it has given a 'positive' response to the latest proposal for a ceasefire in Gaza but called for further talks to implement an agreement, if reached. "Hamas has submitted its positive response to the Egyptian and Qatari mediators. We are fully prepared to immediately enter into a round of negotiations regarding the mechanism for implementing this framework,' its statement read, according to The Associated Press. However, the statement did not elaborate on what needed to be worked out in implementation. Also, it was not clear if the statement meant it had accepted the proposal from US President Donald Trump for a 60-day ceasefire. Also Read: Israeli strike kills 20 in Gaza; Trump says expects Hamas reply to truce proposal soon 'We'll see what happens. We're going to know over the next 24 hours,' Trump told reporters on Air Force One late Thursday when asked if Hamas had agreed to the latest framework for a ceasefire. The Palestinian militant group, which controls Gaza, has been seeking guarantees that the initial truce would lead to a total end to the war, which began with its attacks inside Israel on October 7, 2023, and the latter's subsequent military retaliation. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like '혈액순환,'' 잘되니 종아리 쥐가 없어요!" ''혈관 건강.' 관리는 이걸로 끝!! 면역력 Rg3의 비결 더 알아보기 Undo Trump has been pushing hard for a deal, and Israeli Prime Minister Benjamin Netanyahu is due to visit the White House next week to discuss a deal. Also Read: Israel says releasing hostages 'opportunity' for Gaza; Hamas insists on full end to war According to an official close to the talks, the group has put forth certain demands — that Israeli troops in Gaza pull back to positions held on March 2, before it broke the previous ceasefire (agreed and implemented in January); that aid flow into Gaza in sufficient quantities through the United Nations and other international humanitarian agencies; and that negotiations continue beyond 60 days if needed to reach a deal for a permanent end to the war and the release of all remaining hostages. Out of the 251 hostages seized by Hamas during the October 2023 attack, 49 are still held in Gaza, including 27 the Israeli military says are dead. Also Read: Izz al-Din al-Haddad is Hamas' new de facto chief in Gaza Previous rounds of negotiations have run aground over Hamas demands of guarantees that further negotiations would lead to the war's end, while Netanyahu has insisted Israel would resume fighting to ensure the destruction of the militant group.