Latest news with #tariffNegotiations
NHK
26-05-2025
- Business
- NHK
Japan eyes further tariff talks with US to reach agreement at G7
Japan's Prime Minister Ishiba Shigeru has indicated that he plans to proceed with tariff negotiations with the United States, aiming to reach some kind of agreement with US President Donald Trump on the sidelines of next month's G7 summit. Ishiba met with Economic Revitalization Minister Akazawa Ryosei, chief negotiator in the tariff talks, on Sunday. Akazawa had just returned to Japan after meeting senior officials in Washington, including US Trade Representative Jamieson Greer. The prime minister was briefed on what was discussed in the latest round of the bilateral negotiations. Earlier, Ishiba said that the Japanese delegation would continue discussions with its US counterpart with the upcoming G7 summit in mind. The meeting of G7 leaders is scheduled for mid-June in Canada. Ishiba also said that his government is considering promoting cooperation on the repair of US military vessels in Japan and on icebreakers used for navigation in the Arctic and other purposes. In the bilateral trade negotiations, Japan has proposed drawing up a plan to advance cooperation in the ship-building sector. US Treasury Secretary Scott Bessent was absent from the latest round of talks. Akazawa said that the two countries had already agreed to have intensive discussions in mid-May or later. He added that he hopes they can hold talks at a time that is convenient for both sides. The government expects talks involving Akazawa and Bessent to take place as early as later this week.
Bloomberg
22-05-2025
- Business
- Bloomberg
Vietnam Cites Progress in US Trade Talks, Will Continue in June
Vietnam says it's made positive progress in the second round of trade talks with the US, as it seeks to secure a deal to avert a cripplingly high US tariff. After three days of trade deal negotiations the two sides identified 'groups of issues on which consensus or views were close, and groups of issues that needed further discussion,' according to a statement on the trade ministry's website.
