U.S. President Donald Trump announced that there was “big progress” in tariff negotiations with Japanese officials on April 16, via a social media post. Ryosei Akazawa, Japan’s economic revitalisation minister, led the talks aimed at discussing tariffs and possible agreements to prevent higher levies.
Both sides aim for constructive discussions to quickly reach an agreement, with Japan hoping to prevent the imposition of higher tariffs.
The negotiations are being closely monitored as a potential model for other nations negotiating similar trade concessions with the U.S.