The Japanese negotiator on American customs duties said on Saturday after new discussions that only a global review of tariff measures could lead to an agreement with the United States.
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Close ally of Washington and the first source of foreign investment in the United States, Japan has been targeted since the beginning of April like other countries by American customs taxes by 10%, but also by 25% surcharge on the automobile and steel.
However, the automobile represents almost 30% of Japanese exports for the United States.
-Japan is also threatened with a “reciprocal” surcharge of 24% on all its exports, in break until early July. A 10% floor tax already applies.
Back in Japan, Ryosei Akazawa told journalists that the two parties had “progressed” in their discussions, but that Tokyo rejected the idea of a partial agreement.
“We have told them that the customs agreements as a whole were regrettable and insisted for them to be reviewed,” said the Japanese negotiator, Minister of Economic Revitalization.
“If this request is not taken into account in a global agreement, there is no chance for us to manage to hear ourselves,” he added.
“Japan and the United States remain far from each other and incapable for the time being to find common ground,” Prime Minister Shigeru Ishiba also said on Saturday.
He also deemed “regrettable” the Trump administration’s decision to impose 25% tax on the importation of automotive documents, saying that his country would grow to be re -studied.
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