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Japan, US Start Tariff Talks Amid Reports on Cars, Rare Earths

Japan, US Start Tariff Talks Amid Reports on Cars, Rare Earths

Bloomberg06-06-2025

Japan and the US have begun the latest round of trade negotiations, with media reports suggesting Tokyo's delegation is trying to win a reprieve from the tariffs by pledging to make more cars in the US and enhancing cooperation on rare earths.
Japan's top trade negotiator Ryosei Akazawa met with US Commerce Secretary Howard Lutnick on Thursday in Washington, exchanging specifics on non-tariff barriers, expanding trade and cooperating on economic security, Japan's cabinet secretariat said in a release. Akazawa is expected to return to Japan Sunday after finishing what could be the last round of working discussions before Group of Seven leaders convene for a summit in Canada later this month.

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