Source link : https://capital-cities.info/2025/05/12/africa/algeria/japanese-pm-intensifies-efforts-to-eliminate-tariffs-in-talks-with-u-s/

Japan’s Renewed Push for Tariff Elimination in U.S. Trade Relations

Japanese Prime Minister Fumio Kishida has recently reaffirmed his administration’s dedication to removing tariffs in trade dealings with the United States, signaling a strategic effort to deepen economic integration between the two countries. Speaking at a press briefing, Kishida emphasized that enhancing bilateral commerce is essential as both nations adapt to evolving global economic conditions and work toward strengthening supply chain resilience. This renewed commitment arrives amid heightened scrutiny of international trade policies and ongoing efforts by Japan and the U.S. to expand their economic partnership.

Focus Areas for Tariff Reduction: Agriculture, Automotive, and Technology

Japan plans to introduce a detailed roadmap aimed at systematically lowering tariffs that currently impede exporters in key industries. The sectors prioritized for negotiation include:

  • Agriculture: Ensuring equitable market access for Japanese farmers while balancing American agricultural interests.
  • Automotive: Facilitating smoother entry of U.S.-made vehicles into Japan’s market by addressing existing tariff barriers.
  • Technology: Cutting down tariffs on advanced tech products to promote innovation collaboration across borders.
SectorExisting Tariff RateSought Adjustments
Agriculture10%Aim for reduction to 5% by end of 2025
Automotive7%Pursue complete elimination through negotiations
Technology…

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Author : Jackson Lee

Publish date : 2025-05-12 20:21:00

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