Japan Gets First Consideration in U.S. Tariff Talks

Japan is expected to receive priority in upcoming U.S. tariff negotiations, putting Tokyo ahead of other nations seeking relief from President Trump’s reciprocal duties set to take effect on April 9.

US Treasury Secretary Scott Bessent said in an interview that Japan is likely to be fast-tracked due to its swift engagement.

Prime Minister Shigeru Ishiba reportedly held a cabinet meeting today to address the tariff issue, expressing concern over the potential impact on the country’s vital auto industry.

This followed an April 7 call between Trump and Ishiba, during which the latter voiced concerns that the tariff measures could hinder Japanese companies' ability to invest in the US. Tokyo faces a 24% reciprocal tariff and a 25% duty specifically on autos.