US Treasury Secretary Scott Bessent on Friday met Japan’s Prime Minister Ishiba Shigeru in Tokyo forward of the US’ introduced tariff deadline of Aug. 1.
Bessent is in Japan to attend a US nationwide day occasion on Saturday on the World Exposition within the coastal metropolis of Osaka, western Japan.
Tokyo and Washington have been negotiating a deal to keep away from 25% US tariffs on Japanese exports to the world’s largest financial system.
The Ishiba authorities hopes to make use of the go to to step up negotiations earlier than the tariff takes impact on Aug. 1.
After assembly with Ishiba, Bessent was seen leaving the prime minister’s workplace with out speaking to the media.
On July 7, Trump notified a number of US buying and selling companions of elevated country-specific “reciprocal tariff” charges, with Japan attributable to be topic to 25% tariffs as of Aug. 1 except one other deal is reached beforehand.
Source: www.anews.com.tr