A US-Japan trade deal is not at all imminent.
There are still strong sticking points, such as Ishiba’s reluctance to accept Trump’s tariffs on Japanese autos. A local issue for Japan is Japan’s upper house election due in July.
Ishiba:
- cannot accept United States tariffs including for cars
- seeking a win-win deal with the US, investments are key
This article was written by Eamonn Sheridan at www.forexlive.com.
