President Donald Trump joined preliminary tariff negotiations with Japanese officials on Wednesday, calling the discussions a “great honor” and claiming “big progress” as the two economic powers navigate contentious trade issues.
What Happened: Japan, facing a 10% baseline tariff and 25% duties on cars, auto parts, steel, and aluminum, is among the first countries to formally begin negotiations after Trump imposed tariffs on global imports earlier this month.
“President Trump has stated that he wants to give top priority to the talks with Japan,” Japanese Prime Minister Shigeru Ishiba said in Tokyo after …Full story available on Benzinga.com
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