Tariff negotiator held in-depth talks with Lutnick, says Japanese government

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Japan's Economic Revitalisation Minister Ryosei Akazawa (R) poses with US Treasury Secretary Scott Bessent (2nd R), Commerce Secretary Howard Lutnick (3rd R) and US Trade Representative Jamieson Greer (L) in Washington DC on May 1, 2025. (Photo by AFP)

Japan's Economic Revitalisation Minister Ryosei Akazawa (far right), with (from left) US Trade Representative Jamieson Greer, US Commerce Secretary Howard Lutnick and US Treasury Secretary Scott Bessent, in Washington on May 1.

PHOTO: AFP

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TOKYO/BRIDGEWATER, New Jersey - Japan’s tariff negotiator Ryosei Akazawa held “in-depth exchanges” over the phone with US Commerce Secretary Howard Lutnick on July 3 and July 5, said the Japanese government.

A pause on a 24 per cent reciprocal tariff on imports from Japan expires on July 9, although US President Donald Trump has suggested the rate could be even higher.

The Japanese government also said in a statement that it intends to continue actively coordinating with the US side on the matter, as it worked to avert higher tariffs.

The White House declined to comment on the report, referring only to Mr Trump’s recent comments on Japan.

Mr Trump this week hammered Japan over what he said was Tokyo’s reluctance to import US-grown rice, and accused Japan of engaging in an “unfair” autos trade.

Japan has, in fact, imported historically high volumes of US rice in recent months as domestically grown rice has skyrocketed in price since 2024.

It was unclear if Mr Trump would make good on his pledge to skip further trade negotiations with Japan and send Tokyo a letter with a specific tariff rate – on top of the 10 per cent already in effect on most trading partners. On July 4, he said he had

signed letters to 12 countries

and they would be going out on July 7, but did not identify the countries.

He expressed doubt that a deal could be reached with Japan on July 8, and suggested he could impose a tariff of 30 per cent or 35 per cent on imports from Japan – well above the 24 per cent tariff rate he announced on April 2.

Japanese Prime Minster Shigeru Ishiba on July 2 said he was

determined to protect his country’s national interests

as trade negotiations with the US struggled, noting that his country was the largest investor in the US.

Tokyo has yet to secure a trade deal after nearly three months of negotiations as it scrambles to find ways to get Washington to exempt Japan’s automakers from automobile industry-specific tariffs of 25 per cent, which are hurting the country’s manufacturing sector. REUTERS

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