Close Menu
World Economist – Global Markets, Finance & Economic Insights
  • Home
  • Economist Impact
    • Economist Intelligence
    • Finance & Economics
  • Business
  • Asia
  • China
  • Europe
  • Economy
  • USA
    • Middle East & Africa
    • Highlights
  • This week
  • World Economy
    • World News
What's Hot

Chinese scientists uncover coal power’s dirty secret in satellite data study

July 1, 2025

Developing | Thai court suspends PM Paetongtarn Shinawatra over leaked phone call

July 1, 2025

Yen extends gains to three-week high against the dollar

July 1, 2025
Facebook X (Twitter) Instagram
Tuesday, July 1
Facebook X (Twitter) Instagram
World Economist – Global Markets, Finance & Economic Insights
  • Home
  • Economist Impact
    • Economist Intelligence
    • Finance & Economics
  • Business
  • Asia
  • China
  • Europe
  • Economy
  • USA
    • Middle East & Africa
    • Highlights
  • This week
  • World Economy
    • World News
World Economist – Global Markets, Finance & Economic Insights
Home » Japan races against time to avoid US car tariffs as clock ticks down on trade talks
Asia

Japan races against time to avoid US car tariffs as clock ticks down on trade talks

adminBy adminJuly 1, 2025No Comments2 Mins Read
Share Facebook Twitter Pinterest Copy Link LinkedIn Tumblr Email VKontakte Telegram
Share
Facebook Twitter Pinterest Email Copy Link
Post Views: 2


Japan’s top negotiator has made a last-ditch trip to Washington in hopes of heading off a steep US tariff on Japanese cars – but with just over a week to go, and President Donald Trump doubling down in recent comments, analysts say neither side appears willing to compromise.

Ryosei Akazawa, Japan’s chief trade envoy on the issue, flew into the US capital on Thursday and spoke twice to Commerce Secretary Howard Lutnick by phone over the weekend. But he failed to secure a meeting with Treasury Secretary Scott Bessent or make any clear progress.

Trump announced earlier this year that he would increase the tariff on imported vehicles from 2.5 per cent to 27.5 per cent – a move that was temporarily paused for 90 days to allow negotiations. That window closes on July 9, and signs suggest Trump is prepared to let the tariff take effect.

In an interview on Fox News broadcast on Sunday, Trump said he had no plans to scale back the tariffs and that letters detailing his administration’s demands would be sent to Japan and other trade partners “starting pretty soon”.

“I could send one to Japan. Dear Mr Japan, here’s the story. You’re going to pay an extra 25 per cent tariff on all your cars,” Trump said on Fox.

“They won’t take our cars and yet we take millions and millions of their cars into the United States,” he complained.



Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Telegram Copy Link
admin
  • Website

Related Posts

Asia

Developing | Thai court suspends PM Paetongtarn Shinawatra over leaked phone call

July 1, 2025
Asia

Singapore motorists face on-the-spot fines as Malaysia’s Johor enforces VEP

July 1, 2025
Asia

China-funded smelter fires up Indonesian defence concerns

July 1, 2025
Asia

TOEIC fraud: Chinese student in Japan charged with cheating on English exams multiple times

July 1, 2025
Asia

Former Philippine mayor Alice Guo ‘nothing more than a usurper’: court

June 30, 2025
Asia

Malaysia’s huge gas pipeline inferno sparked by soft soil, not foul play: authorities

June 30, 2025
Add A Comment
Leave A Reply Cancel Reply

Editors Picks

A comment on Finance Act 2025—I – Business & Finance

July 1, 2025

President signs Finance Bill into law – Business & Finance

July 1, 2025

GST e-invoicing: KTBA urges FBR to allow 3-month extension – Business & Finance

July 1, 2025

Vietnam envoy for expanding economic ties with Pakistan – Business & Finance

July 1, 2025
Latest Posts

PSX hits all-time high as proposed ‘neutral-to-positive’ budget well-received by investors – Business

June 11, 2025

Sindh govt to allocate funds for EV taxis, scooters in provincial budget: minister – Pakistan

June 11, 2025

US, China reach deal to ease export curbs, keep tariff truce alive – World

June 11, 2025

Subscribe to News

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Recent Posts

  • Chinese scientists uncover coal power’s dirty secret in satellite data study
  • Developing | Thai court suspends PM Paetongtarn Shinawatra over leaked phone call
  • Yen extends gains to three-week high against the dollar
  • Banks say it’s good for U.S. economy
  • Singapore motorists face on-the-spot fines as Malaysia’s Johor enforces VEP

Recent Comments

No comments to show.

Welcome to World-Economist.com, your trusted source for in-depth analysis, expert insights, and the latest news on global finance and economics. Our mission is to provide readers with accurate, data-driven reports that shape the understanding of economic trends worldwide.

Latest Posts

Chinese scientists uncover coal power’s dirty secret in satellite data study

July 1, 2025

Developing | Thai court suspends PM Paetongtarn Shinawatra over leaked phone call

July 1, 2025

Yen extends gains to three-week high against the dollar

July 1, 2025

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Archives

  • July 2025
  • June 2025
  • May 2025
  • April 2025
  • March 2025
  • February 2025
  • January 2025
  • December 2024
  • June 2024
  • October 2022
  • March 2022
  • July 2021
  • February 2021
  • January 2021
  • November 2019
  • April 2011
  • January 2011
  • December 2007
  • July 2007

Categories

  • AI & Tech
  • Asia
  • Banking
  • Business
  • Business
  • China
  • Climate
  • Computing
  • Economist Impact
  • Economist Intelligence
  • Economy
  • Editor's Choice
  • Europe
  • Europe
  • Featured
  • Featured Business
  • Featured Climate
  • Featured Health
  • Featured Science & Tech
  • Featured Travel
  • Finance & Economics
  • Health
  • Highlights
  • Markets
  • Middle East
  • Middle East & Africa
  • Middle East News
  • Most Viewed News
  • News Highlights
  • Other News
  • Politics
  • Russia
  • Science
  • Science & Tech
  • Social
  • Space Science
  • Sports
  • Sports Roundup
  • Tech
  • This week
  • Top Featured
  • Travel
  • Trending Posts
  • Ukraine Conflict
  • Uncategorized
  • US Politics
  • USA
  • World
  • World & Politics
  • World Economy
  • World News
© 2025 world-economist. Designed by world-economist.
  • Home
  • About Us
  • Advertise With Us
  • Contact Us
  • DMCA
  • Privacy Policy
  • Terms & Conditions

Type above and press Enter to search. Press Esc to cancel.