Japan's Ishiba warns against tension over tariffs and vows to expand Asia-Pacific trade group
TOKYO — Japanese Prime Minister Shigeru Ishiba expressed determination Thursday to defend rules-based, free and multilateral trade systems and work on expanding the main Asia-Pacific trade group at a time of tension over U.S. tariffs.
'High tariffs will not bring economic prosperity,' Ishiba told a global forum in Tokyo. 'A prosperity built on sacrifices by someone or another country will not make a strong economy.' Japan seeks to work with the U.S. on investment , job creation and manufacturing high quality products for the prosperity of America and the rest of the world, he said.
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