Tuesday, 02 January 2024 12:17 GMT

Japan Reiterates Call for U.S. to Eliminate Extra Tariffs


(MENAFN) Japan's chief tariff negotiator, Ryosei Akazawa, has once again "strongly" pressed American officials to eliminate additional tariffs imposed on his country, according to media reports Saturday.

Akazawa held discussions with U.S. Trade Representative Jamieson Greer and Commerce Secretary Howard Lutnick in Washington, as reported by a news agency.

Following the talks, Akazawa indicated that the two sides engaged in "more frank and in-depth discussions" than in prior meetings. He expressed hope that it would be "very desirable" for leaders to forge an agreement next month.

The Japanese negotiator reiterated his strong appeal for the removal of the additional tariffs currently in place against Japan.

These discussions were preceded by a Friday conversation between U.S. President Donald Trump and Prime Minister Shigeru Ishiba, where they concurred on fostering "win-win" relations through ongoing negotiations.

Japan has consistently urged the U.S. to reconsider its tariff approach, which includes a 25% import duty on automobiles. While a 24% "reciprocal" tariff has been temporarily suspended, the U.S. continues to apply a 10% baseline duty, alongside tariffs on steel and aluminum imports.

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