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Tariff Negotiations: Time To Deepen Japan-U.S. Cooperation through Industrial Collaboration

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Editorial

15:00 JST, June 1, 2025

New forms of industrial collaboration between Japan and the United States are taking shape in connection with the two countries’ tariff negotiations. Tokyo and Washington should deepen cooperation in a wide range of fields, and it is hoped that such efforts will lead to a review by the United States of its high tariff policy.

Ryosei Akazawa, minister in charge of economic revitalization, held a fourth round of ministerial-level talks with U.S. Treasury Secretary Scott Bessent and other officials during his visit to the United States. “I was able to confirm that the discussions are progressing toward an agreement,” Akazawa said afterward.

The two sides will accelerate the talks with a view to reaching an agreement between the Japanese and U.S. leaders on the sidelines of the Group of Seven summit in mid-June, he said.

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© The Japan News