The Prague Post - Japan PM presses Trump on tariffs ahead of new talks

EUR -
AED 4.154466
AFN 79.136385
ALL 97.881276
AMD 433.971726
ANG 2.024329
AOA 1037.792925
ARS 1285.124849
AUD 1.757857
AWG 2.037417
AZN 1.924318
BAM 1.949798
BBD 2.284567
BDT 137.819997
BGN 1.949677
BHD 0.426439
BIF 3367.492983
BMD 1.131113
BND 1.455558
BOB 7.819137
BRL 6.475394
BSD 1.131547
BTN 96.452783
BWP 15.188646
BYN 3.702999
BYR 22169.813988
BZD 2.272863
CAD 1.564403
CDF 3240.63891
CHF 0.930437
CLF 0.027804
CLP 1066.95669
CNY 8.148875
CNH 8.126628
COP 4723.900982
CRC 575.5435
CUC 1.131113
CUP 29.974493
CVE 109.927569
CZK 24.916148
DJF 201.495058
DKK 7.459447
DOP 66.824287
DZD 149.848827
EGP 56.4437
ERN 16.966694
ETB 153.178814
FJD 2.556259
FKP 0.842559
GBP 0.839065
GEL 3.099512
GGP 0.842559
GHS 12.502843
GIP 0.842559
GMD 81.440531
GNF 9801.825858
GTQ 8.685263
GYD 236.727532
HKD 8.858831
HNL 29.452333
HRK 7.523054
HTG 148.054227
HUF 403.754129
IDR 18394.554822
ILS 4.096835
IMP 0.842559
INR 96.66463
IQD 1482.237051
IRR 47648.133424
ISK 144.974968
JEP 0.842559
JMD 179.80648
JOD 0.801954
JPY 161.207914
KES 146.128258
KGS 98.916094
KHR 4529.177412
KMF 491.46865
KPW 1017.956233
KRW 1557.112848
KWD 0.346867
KYD 0.942922
KZT 578.718693
LAK 24446.392104
LBP 101382.490976
LKR 338.747194
LRD 226.299357
LSL 20.252853
LTL 3.339883
LVL 0.684199
LYD 6.181969
MAD 10.400682
MDL 19.620121
MGA 5059.558743
MKD 61.251137
MMK 2374.898079
MNT 4043.521341
MOP 9.125749
MRU 44.998476
MUR 51.703067
MVR 17.486899
MWK 1962.012139
MXN 21.881318
MYR 4.785746
MZN 72.289707
NAD 20.252853
NGN 1798.051114
NIO 41.642543
NOK 11.529185
NPR 154.326013
NZD 1.902034
OMR 0.435415
PAB 1.131547
PEN 4.139829
PGK 4.63872
PHP 62.646662
PKR 318.914647
PLN 4.262452
PYG 9027.290014
QAR 4.124041
RON 5.051698
RSD 116.863345
RUB 90.074459
RWF 1620.853321
SAR 4.242235
SBD 9.445661
SCR 16.078697
SDG 679.235046
SEK 10.836752
SGD 1.456619
SHP 0.888877
SLE 25.699049
SLL 23718.873427
SOS 646.626562
SRD 41.455594
STD 23411.754535
SVC 9.900522
SYP 14705.822636
SZL 20.248026
THB 36.814357
TJS 11.597904
TMT 3.964551
TND 3.382089
TOP 2.649178
TRY 44.148798
TTD 7.691526
TWD 33.959458
TZS 3051.173817
UAH 46.96723
UGX 4130.285245
USD 1.131113
UYU 47.005298
UZS 14601.051822
VES 107.282134
VND 29356.905727
VUV 137.052207
WST 3.130475
XAF 653.961177
XAG 0.034236
XAU 0.000337
XCD 3.056889
XDR 0.814632
XOF 653.949649
XPF 119.331742
YER 275.821673
ZAR 20.342818
ZMK 10181.400748
ZMW 30.946554
ZWL 364.217911
  • RBGPF

    66.2000

    66.2

    +100%

  • CMSC

    -0.0900

    21.96

    -0.41%

  • SCS

    0.1400

    10.15

    +1.38%

  • GSK

    0.3800

    38.92

    +0.98%

  • RELX

    -0.1200

    54.98

    -0.22%

  • AZN

    0.2700

    69.95

    +0.39%

  • RIO

    -0.8600

    61.12

    -1.41%

  • NGG

    0.0600

    73.63

    +0.08%

  • BP

    0.0600

    28.94

    +0.21%

  • BCC

    0.0000

    87.33

    0%

  • RYCEF

    -0.0400

    11.27

    -0.35%

  • BTI

    0.1400

    44.6

    +0.31%

  • CMSD

    -0.0600

    21.73

    -0.28%

  • JRI

    -0.0800

    12.64

    -0.63%

  • VOD

    0.1200

    10.54

    +1.14%

  • BCE

    0.0000

    21.47

    0%

Japan PM presses Trump on tariffs ahead of new talks
Japan PM presses Trump on tariffs ahead of new talks / Photo: STR - JIJI Press/AFP

Japan PM presses Trump on tariffs ahead of new talks

Japan's Prime Minister Shigeru Ishiba said Friday that he had again pressed US President Donald Trump on tariffs, in a phone call ahead of fresh talks on easing the levies.

Text size:

Japan, a key US ally and its biggest investor, is subject to the same 10 percent baseline tariffs imposed on most nations plus steeper levies on cars, steel and aluminium.

Trump also announced 24 percent "reciprocal" tariffs on Japan in early April, but later paused them along with similar measures on other countries until early July.

Ishiba said he spoke with Trump for 45 minutes on Friday morning -- Thursday evening in Washington -- and that a "broad range of topics were discussed, including tariffs and economic security".

"I conveyed to him Japan's position on US tariffs," Ishiba told a news conference in Tokyo, adding that there was "no change to our calls for the removal of tariffs".

"As I've said before, it's not just about tariffs but about investment. There will also be no change to our position that Japan and the US will cooperate on generating employment in the US," he said.

The comments came as Japan's tariffs envoy, economic revitalisation minister Ryosei Akazawa, left for Washington for a third round of talks.

"The series of tariff measures taken by the US are regrettable. We'll strongly demand a review of these measures," Akazawa told reporters at Tokyo's Haneda airport.

"But we have to reach an agreement, so it has to be win-win for both sides. We'll listen carefully to the various proposals and ideas of the US side, and look for common ground between the two sides," he said.

Public broadcaster NHK and other Japanese media reported, citing government sources, that US Treasury Secretary Scott Bessent would not attend the talks this time.

Akazawa would travel again to Washington on May 30, the reports said.

Trump's 25-percent auto tariffs are particularly painful for Tokyo, with roughly eight percent of all Japanese jobs tied to the sector.

Early this month, the Trump administration also slapped a new 25 percent import tax on auto parts including engines and transmissions.

At the White House in February, Ishiba had promised Trump that yearly Japanese investment would increase to $1 trillion.

"Although the recent US-China and US-UK trade deals indicate that Washington is aiming to de-escalate trade tensions, Japan-US negotiations have made little headway," said Stefan Angrick at Moody's Analytics.

"Japan's position as the world's largest foreign investor in the US hasn't shielded it from tariff threats, so promising more investment is an unconvincing bargaining chip," he added.

Q.Fiala--TPP