Trump and Ishiba engage in a second round of telephone conversations
Fresh Take:
Japan's Prime Minister Shigeru Ishiba and US President Donald Trump held another round of phone discussions, on the eve of their fourth high-level tariff negotiations session. Both leaders agreed that their ministerial officials would delve deeper into the details to conclude the negotiations.
Ishiba and Trump last spoke over the phone the week prior, ahead of the third ministerial-level session. Following their chat, Ishiba described the conversation as "extremely significant," stating that they bolstered their mutual understanding. Ishiba reiterated that his government firmly insists on pressing the US to lift tariffs on automobiles, steel, aluminum, and other goods.
Japan is optimistic that a tariff settlement could materialize during a potential bilateral summit at the Group of Seven summit in Canada, slated for mid-June.
Negotiations between the two nations took place in Washington at the end of May 2025. Notable points from these discussions reveal Japan's demand for the removal of all additional U.S. tariffs on Japanese imports, aiming to strengthen industrial collaboration. If the U.S. agrees to lift these tariffs, Japan may accept a deal. On the other hand, if the U.S. remains firm on their tariff policies, an agreement might be elusive[2][4].
Meanwhile, Ishiba refrained from commenting on Nippon Steel Corp.'s proposed acquisition of United States Steel Corp.
In other news, Ishiba expressed intentions to hold a bilateral summit with Trump during the Group of Seven summit, hinting that he may travel to the US for preliminary talks beforehand.
[Copyright *The Jiji Press*, Ltd.]
- TAGS
- Shigeru Ishiba
- Donald Trump
- Japan
- US
Related:1. 2nd Army Region commander calls for vigilance among troops at Thai-Cambodian border2. Is an entertainment complex an economic boon or a social peril?3. Motorists urged to steer clear of three Bangkok roads on Sunday for Pride Month Parade4. Paetongtarn brushes off allegations of Thaksin manipulating government decisions5. Company pledges compensation after a steel chunk falls on a car in Samut Sakhon
- The international political landscape and Japan's economy could be significantly impacted if the tariff negotiations between Prime Minister Shigeru Ishiba and US President Donald Trump fail to reach a settlement.
- The political implications of the potential Nippon Steel Corp.'s acquisition of United States Steel Corp are unclear, but their business dealings might influence the general news and policy-and-legislation surrounding international trade.
- The general news also covers the role of migration in the global economy, with ongoing war-and-conflicts and politics often shaping migration patterns.
- In addition, the US business sector might also be affected by the US-Japan tariff negotiations, as the economy relies heavily on international trade and swift policy changes.
- Furthermore, the US-Japan bilateral summit at the Group of Seven summit in Canada could lead to policy changes that affect not just the two countries' economies, but also the broader global economy and political landscape.
