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Japan Blasts Trump’s 25 Percent Tariffs as "Truly Regrettable"
(MENAFN) Japanese Prime Minister Shigeru Ishiba on Tuesday condemned US President Donald Trump’s announcement to enforce a 25% tariff on Japanese imports as "truly regrettable," pledging to exhaust all efforts to shield Japan’s industries and workforce, reported local outlets.
During a government briefing, Ishiba confirmed that talks between the two nations will persist in pursuit of a deal that benefits both sides, according to a Tokyo-based news agency.
On Monday, President Trump declared that starting August 1, a 25% tariff will be applied to imports from Japan, South Korea, and Malaysia. He also signed an executive order delaying the enforcement date for reciprocal tariffs to August 1.
The Japanese premier emphasized that his administration will place the highest priority on ongoing bilateral negotiations.
Meanwhile, Malaysia reaffirmed its commitment to continuing discussions with the US to secure a "fair and balanced" trade agreement in the wake of the tariff announcement.
The Ministry of Investment, Trade and Industry expressed its appreciation for the long-standing economic ties with the US, underscoring that open, equitable trade is vital for growth and job creation in both countries, reported a news agency.
"These efforts are still ongoing and reflect Malaysia’s willingness to reach a fair and sustainable outcome for both parties,” the ministry stated.
Kuala Lumpur also warned that unilateral tariff actions risk disrupting business activities, supply chains, and investment flows.
The Malaysian government declared it would undertake “all necessary steps” to defend domestic businesses, employees, and consumers against the impact of the tariffs.
During a government briefing, Ishiba confirmed that talks between the two nations will persist in pursuit of a deal that benefits both sides, according to a Tokyo-based news agency.
On Monday, President Trump declared that starting August 1, a 25% tariff will be applied to imports from Japan, South Korea, and Malaysia. He also signed an executive order delaying the enforcement date for reciprocal tariffs to August 1.
The Japanese premier emphasized that his administration will place the highest priority on ongoing bilateral negotiations.
Meanwhile, Malaysia reaffirmed its commitment to continuing discussions with the US to secure a "fair and balanced" trade agreement in the wake of the tariff announcement.
The Ministry of Investment, Trade and Industry expressed its appreciation for the long-standing economic ties with the US, underscoring that open, equitable trade is vital for growth and job creation in both countries, reported a news agency.
"These efforts are still ongoing and reflect Malaysia’s willingness to reach a fair and sustainable outcome for both parties,” the ministry stated.
Kuala Lumpur also warned that unilateral tariff actions risk disrupting business activities, supply chains, and investment flows.
The Malaysian government declared it would undertake “all necessary steps” to defend domestic businesses, employees, and consumers against the impact of the tariffs.
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