Washington: Japan is trying to get maximum concessions from Trump on the tariff issue. A Japanese delegation has reached Washington for discussion. In fact, such high tariffs have also affected the Japanese economy. Representatives in the US and Japan were negotiating on the subject. Then President Trump reached the meeting room as if he had come naturally. Treasury Secretary Scott Bicent, Commerce Secretary Howard Wuinich and top US Economic Advisor were present from the US side.
The presence of Trump in these talks suggests how much Trump gives importance to business exchange with Japan. Trump has announced a 24 percent tariff on import of Japanese goods. When he imposed heavy duty on imported goods from all countries of the world, there was heavy opposition. He eventually had to postpone the implementation of that tariff for 90 days. Meanwhile, other countries have sought time for dialogue.
The tariff on Japanese goods was increased from 10 percent to 24 percent. It also included putting 25 percent tariff on motors, their spare parts, steel and aluminum. Therefore, it is natural to harm the Japanese economy. Therefore, Japanese Prime Minister Shinzo Abe is trying to get maximum concessions from Trump regarding Tariff.
On the other hand, Chinese President Xi Jinping is currently in Southeast Asia. Visiting Asian countries. And they are opposing the additional tariffs imposed by Trump.
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