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

Copper inches up on weaker dollar, inventory drawdown

September 8, 2025

Cramer connects the dots on why Fed rate cuts should be different this time around

September 8, 2025

Tired of the Mag7? Cramer says look to this stock with a hit breakfast meal

September 8, 2025
Facebook X (Twitter) Instagram
Monday, September 8
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 refuses to yield on Trump’s tariff threat: ‘We will not be taken advantage of’
Asia

Japan refuses to yield on Trump’s tariff threat: ‘We will not be taken advantage of’

adminBy adminJuly 11, 2025No Comments2 Mins Read
Share Facebook Twitter Pinterest Copy Link LinkedIn Tumblr Email VKontakte Telegram
Share
Facebook Twitter Pinterest Email Copy Link
Post Views: 29


Tokyo says it is standing firm on trade after US President Donald Trump announced a 25 per cent tariff on all Japanese imports, with Prime Minister Shigeru Ishiba vowing to do what was best for his country rather than yield to pressure from Washington.

In a speech on Wednesday in Chiba prefecture, Ishiba declared: “This is a battle for our national interests. We will not be taken advantage of. Even if it is an ally, we must speak honestly. We will protect what needs to be protected.”

The comments come amid rising tensions over Trump’s decision to begin imposing the blanket levy – a move analysts say could cripple bilateral trade and strain a security alliance that has underpinned the postwar regional order in East Asia.

In his comments, Ishiba stressed Japan’s long-standing contributions to the US economy and strategic interests, pointing out that the country has been Washington’s largest investor and a major job creator for nearly 80 years.
The tariffs are part of Trump’s broader “Liberation Day” trade agenda, unveiled in April, which seeks to slash trade deficits by imposing sweeping levies on countries he accuses of exploiting the US. After a 90-day window for negotiations yielded limited results – with only the UK and Vietnam securing exemptions – the White House confirmed on Monday that a 25 per cent tariff on all Japanese and South Korean imports would take effect from August 1.

Since the announcement, Ishiba’s administration has repeatedly said that Trade Minister Ryosei Akazawa is ready to return to the US for further talks and that Tokyo remains committed to reaching a breakthrough – though the chances of that now appear slim.



Source link

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

Related Posts

Asia

Has Philippine Senate turned anti-Duterte? Lawmakers ‘caught flat-footed’ over new head

September 8, 2025
Asia

More well-off Malaysians seek public hospitals as insurance costs surge

September 8, 2025
Asia

Indonesia removes finance minister Sri Mulyani after protests

September 8, 2025
Asia

Who will be Japan’s next PM? A ‘poisoned chalice’ of leadership awaits LDP’s winner

September 8, 2025
Asia

In Japan, fears of ‘inevitable’ Mount Fuji eruption spur Tokyo to map out disaster plan

September 8, 2025
Asia

Protests erupt in Philippines over ‘stolen’ flood control funds: ‘drowning in money’

September 8, 2025
Add A Comment
Leave A Reply Cancel Reply

Editors Picks

European shares rise ahead of crucial French no-confidence vote – Markets

September 8, 2025

India hopes ‘insights’ from Pakistan clash will help woo arms buyers – World

September 8, 2025

Gold hits another all-time high in Pakistan – Markets

September 8, 2025

TPL Insurance acquisition: VEON gets BoD nod – Business & Finance

September 8, 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

  • Copper inches up on weaker dollar, inventory drawdown
  • Cramer connects the dots on why Fed rate cuts should be different this time around
  • Tired of the Mag7? Cramer says look to this stock with a hit breakfast meal
  • What factors are driving its value?
  • China’s carrier-borne J-35 stealth jets can carry up to 6 missiles, designers say on CCTV

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

Copper inches up on weaker dollar, inventory drawdown

September 8, 2025

Cramer connects the dots on why Fed rate cuts should be different this time around

September 8, 2025

Tired of the Mag7? Cramer says look to this stock with a hit breakfast meal

September 8, 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

  • September 2025
  • August 2025
  • 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.