Trump has threatened to raise tariffs on Japan to 30–35% if no trade deal is reached by July 9. Japan remains firm, especially on protecting its farmers. So far, only the UK has signed a deal with the U.S.
nvn news
Wed Jul 02 2025
U.S. President Donald Trump has warned that Japan could face new tariffs as high as 30% to 35% if a trade deal is not finalized before the upcoming deadline on July 9. This threat comes after Japan and other countries were temporarily spared from earlier tariffs as part of Trump’s “Liberation Day” announcement on April 2, when high import duties were imposed globally.
During a 90-day negotiation period, the U.S. had lowered most tariffs to 10%, but Trump has made it clear he does not plan to extend that deadline.
Speaking aboard Air Force One, Trump expressed doubt about a successful deal with Japan, saying, “I doubt it.”
Japanese officials responded cautiously. Deputy Chief Cabinet Secretary Kazuhiko Aoki said they were aware of Trump’s comments but chose not to comment on every statement made by U.S. officials.
Currently, Japanese exports to the U.S. face 10% tariffs on most goods, 25% on vehicles and parts, and up to 50% on steel and aluminum. Japan’s government has stated it will not make trade concessions that could harm its farmers, especially regarding U.S. rice imports.
Earlier, Trump criticized Japan for not accepting U.S. rice, despite facing a domestic rice shortage, accusing some countries of taking U.S. trade generosity for granted.
Trump had initially planned to sign 90 trade deals during the tariff pause, but so far, only the UK has reached an agreement with the U.S.
No comments yet
