Akazawa denies election defeat will impact U.S. tariff talks
WASHINGTON—Japan's chief trade negotiator with the United States has dismissed concerns that his government's latest electoral setback would weaken Tokyo's position in ongoing tariff negotiations with Washington.
Speaking to reporters here on July 21 during his eighth visit for the trade talks, Ryosei Akazawa emphasized the importance of national interest over domestic political outcomes.
'This is a negotiation about our national interest,' Akazawa said. 'Whether we win or lose an election is fundamentally unrelated to this process.'
His remarks follow Japan's Upper House election on July 20, in which the ruling coalition led by his Liberal Democratic Party lost its majority.
The development raised questions about the administration's political leverage in critical international negotiations.
Akazawa is expected to hold talks with U.S. Treasury Secretary Scott Bessent.
The bilateral talks have intensified ahead of an Aug. 1 deadline set by President Donald Trump, who has announced plans to impose a 25 percent tariff on Japanese goods if no agreement is reached.
Akazawa signaled optimism, stating that both sides share a mutual desire to strike a deal before the deadline.
'There is a strong will on both the Japanese and American sides to come to some form of agreement,' he said.
Bessent, appearing earlier on CNBC, sidestepped questions about whether the Japanese election results would impact trade negotiations.
'Our priorities are not the internal workings of the Japanese government,' he said. 'Our priorities are getting the best deal for the American people.'
Akazawa kept his tone diplomatic in responding to Bessent's comments.
'He is, after all, a Cabinet member of the 'America First' Trump administration,' he noted. 'It's only natural that he would say that.'
'We aim to find a common ground that protects the interests of both nations,' he added.
Talks have stalled over Japan's request for the reduction of tariffs on automobile exports, a sector that has long been a source of tension in U.S.-Japan trade relations.
Trump has repeatedly called the current trade balance unfair, in particular regarding cars and agricultural products.
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