
Trump's steel tariff hike not raised in Japan-US talks: negotiator
TOKYO (Kyodo) -- Japan's chief tariff negotiator said Sunday that his U.S. counterpart had not touched on President Donald Trump's decision to double tariffs on steel and aluminum to 50 percent during their talks in Washington late last week.
Trump's announcement came on social media on Friday, the same day that Ryosei Akazawa, Japan's minister in charge of economic policy, met with U.S. Treasury Secretary Scott Bessent and other officials for the fourth round of bilateral tariff negotiations.
After returning to Tokyo, Akazawa, a close aide to Prime Minister Shigeru Ishiba, told reporters at Haneda airport that the Japanese government would "closely watch the specific details of the measures that will be revealed in the future" by the United States.
Regarding the plan by Nippon Steel Corp. to acquire United States Steel Corp., Akazawa said, "We are looking forward to a very optimistic announcement" from the Trump administration.
Japan and the United States are making arrangements to hold a meeting between Ishiba and Trump on the sidelines of the Group of Seven summit in Canada in mid-June after a fifth round of tariff talks, Akazawa said.

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


Kyodo News
37 minutes ago
- Kyodo News
Iran to reject U.S. nuclear deal proposal as "not balanced": source
KYODO NEWS - 11 hours ago - 21:16 | All, World Iran plans to reject a proposal from the United States for a nuclear agreement, viewing it as "not balanced," a diplomatic source said Monday, following negotiations that started in April. The U.S. administration of President Donald Trump has called on Iran to cease uranium enrichment. Iranian Foreign Minister Seyyed Abbas Araghchi said Saturday on social media platform X that he had received via mediator Oman "elements of a U.S. proposal which will be appropriately responded to" in line with Iran's national interests. The source told Kyodo News that the elements are "totally one-sided" and favor U.S. and Israeli interests, slamming the proposal as "a non-starter." Trump, who has vowed to block Iran from obtaining a nuclear weapon, is seeking a new deal with Iran after pulling the United States out of the previous agreement between Iran and six major powers in 2018, under which Tehran agreed to curb its nuclear activities in exchange for the lifting of sanctions. Senior U.S. and Iranian government officials have held five rounds of indirect talks over the nuclear issue since April this year. Iran has insisted that its nuclear activities are for peaceful purposes. Trump has threatened to use military force if talks break down. Both sides have said negotiations will continue, but the schedule for the next round has yet to be fixed, indicating the differences remaining. Israel is reportedly considering attacking Iranian nuclear facilities. Trump said Wednesday he had called on Israeli Prime Minister Benjamin Netanyahu during phone talks not to attack Iran, claiming that Washington was close to a nuclear deal with Tehran. Related coverage: Senior Taliban officials make 1st known visit to Japan since takeover Syria government falls, rebels declare end to Assad family's rule Japan develops uranium-based battery to reuse radioactive waste


The Mainichi
2 hours ago
- The Mainichi
Tokyo metro election key test for PM Ishiba's long-term prospects
TOKYO (Kyodo) -- With the House of Councillors election looming this summer, a local assembly race in Tokyo on June 22 will likely give a gauge on Prime Minister Shigeru Ishiba's future prospects, as it has long served as a bellwether for national politics. The outcome of the Tokyo metropolitan assembly election could even force Ishiba to step down, as his popularity has waned due to questions about his attempts to boost economic sentiment, including his moves to curb soaring rice prices. The assembly election in Japan's capital has often influenced Japan's political landscape, triggering the dissolution of the powerful House of Representatives or even prompting a change in prime minister. An upper house member within the Liberal Democratic Party said Ishiba has "no policies that resonate with voters," adding that he "should be removed as the frontman for the upcoming national election" to prevent the LDP from suffering a crushing blow. Ishiba has sought to stem the negative impact of sharp price increases and U.S. President Donald Trump's higher tariffs, but his proposals have been criticized even within the ruling camp as election-focused pork-barrel spending, compelling him to back off. Ishiba's government has also pursued unorthodox policies aimed at lowering rice prices, with farm minister Shinjiro Koizumi taking the lead after his predecessor resigned in May over a gaffe involving gifts from supporters. But analysts remain skeptical about whether the efforts of the popular and media-friendly Koizumi will succeed in suppressing rice prices over the longer term, saying he is also unlikely to retain the spotlight until the upper house election. Another LDP lawmaker, who has kept his distance from the leader, said Ishiba has reached a "dead end," as approval ratings for his Cabinet have sunk to their lowest levels since he took office last October -- sometimes dipping below the "danger level" of 30 percent. Unless he achieves "surprisingly positive results" in tariff negotiations with the United States, his political fortunes "will not improve," the lawmaker said, adding, "Right now, all Ishiba can do is humble himself before Trump." Over the decades, the Tokyo metropolitan assembly election has taken on a wider significance, occasionally serving as a forum for voters in the nation's largest metropolis to express their opinions on national priorities, including leadership choices and economic direction. The assembly election has "long been a harbinger of seismic change in Japanese politics," said Tatsuhiko Yoshizaki, chief economist at the Sojitz Research Institute, who has observed domestic political developments through close ties with important lawmakers. As the most prominent example, the LDP's setback in the Tokyo assembly contest in 2009 undermined then Prime Minister Taro Aso's authority, marking a clear prelude to the following month's historic general election loss that ousted his party from power. In the 2017 Tokyo election, the party established by Gov. Yuriko Koike secured a decisive victory, while the LDP experienced heavy losses, accelerating political realignment that briefly altered the composition of the opposition bloc in the national parliament. The most recent case was the 2021 assembly election in which the ruling coalition failed to win a majority, eroding then Prime Minister Yoshihide Suga's standing and ultimately dashing his hopes to seek reelection in the LDP's presidential race. All these Tokyo metropolitan elections were held when support for the central government had declined against a backdrop of scandals and poor policy handling, allowing new forces to rise, pundits said, adding that Ishiba seems set to face the same battle. Indeed, Shinji Ishimaru, who placed second in the 2024 Tokyo gubernatorial race using social media as a key cog in his campaigning machine, has set up a new regional political party ahead of the June assembly election. He is a former mayor of a city in Hiroshima Prefecture. Ryohei Yoshida, a senior economist at the Daiwa Institute of Research, said that if public backing for the Cabinet slides below that of the party, it would indicate the leader and his team have become a burden. Support for the LDP was around 30 percent in a Kyodo News survey in late May. "For lawmakers running in elections, the growing risk of losing their seats is certain to fuel momentum to replace the current prime minister as the face of the party," Yoshida warned.


Japan Today
2 hours ago
- Japan Today
Japan's departure tax revenue hits record high in FY2024
Japan's revenue from a departure tax collected from travelers in fiscal 2024 hit a record high amid an influx in the number of visitors, the Finance Ministry said Monday. Although revenue from the tax for the full fiscal year, which runs from April to March, has yet to be calculated with final receipts gathered by the end of May, the total has already reached 48.1 billion yen, eclipsing the previous record of 44.3 billion yen in fiscal 2019, it said. The full total will be announced later. The government imposes a 1,000 yen International Tourist Tax on each traveler leaving the country, regardless of nationality. After peaking in fiscal 2019, the revenue from the tax dropped sharply during the COVID-19 pandemic, but it has been recovering recently. The country has been attracting more visitors on the back of a weaker yen and an increase in the number of flights, according to the Japan National Tourism Organization. Prime Minister Shigeru Ishiba has indicated a willingness to increase the departure tax amid growing calls to raise funds to promote tourism further and address overcrowding at tourist sites. © KYODO