Japan aims to hold another round of tariff talks with US this week
Japan is trying to arrange another round of high-level negotiations with the US on Friday to seek a review of tariffs rolled out by President Donald Trump.
If realized, it would be the second week in a row that Economic Revitalization Minister Akazawa Ryosei sits down for talks in Washington as Japan's chief negotiator.
Akazawa says that in the next session he wants an in-depth dialogue with US Treasury Secretary Scott Bessent, who did not attend the negotiations last week.
Japan has so far explained that it can help create jobs and bring other benefits to the American economy through expanded investments.
It has also proposed reviewing regulations to make it easier to import US vehicles, and offered to cooperate in shipbuilding.
Government sources say Washington has reacted positively to a shipbuilding partnership, but remains cautious about reviewing its tariff measures, including the auto levy that Japan is staunchly against.
The sources also say Japan is considering more proposals to reverse the US stance. It hopes to win over Bessent and other high-ranking US officials, who will report back to President Trump.
The Japanese government, meanwhile, plans to confirm support for domestic industries in a meeting of all Cabinet ministers on Tuesday.
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