President Trump has placed U.S.-Japan trade talks in the backseat in favor of other countries, like India, reported Nikkei Asia on Tuesday. The move is a sign of a lack of progress ahead of the July 9 reciprocal tariff pause deadline.
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Top trade representatives from both countries have met in-person several times, although the two sides haven’t been able to reach a breakthrough as disagreements remain in place.
Japan Rejects U.S. Rice and Cars, Says Trump
Yesterday, Trump accused Japan of rejecting U.S. rice imports despite a significant rice shortage in the country. The accusation comes in spite of the U.S. accounting for about 75% of total tariffed rice imported to Japan in May. Trump added that he plans on sending Japan a letter, which is likely a reference to a letter with a new, higher tariff rate.
“We are not thinking about doing anything that would sacrifice the farm sector,” said Japanese chief cabinet secretary Yoshimasa Hayashi on Tuesday. The U.S. has asked Japan to purchase more agricultural products from it in return for tariff exemptions while Trump has said that Japan won’t accept American cars.
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