Japan aims to reach a trade agreement with the US by June, with talks expected to speed up from mid-May, according to Japan’s chief negotiator Ryosei Akazawa, after a round of meetings in Washington.
The second high-level meeting with US officials was described as frank and open, covering areas like bilateral trade expansion, non-tariff measures, and economic security cooperation—though many issues remain unresolved.
Akazawa reiterated Japan’s opposition to President Trump’s tariff policies, calling them “extremely regrettable” and urging the US to reconsider the measures.
A new angle emerged when Finance Minister Katsunobu Kato hinted at using Japan’s large US Treasury holdings as leverage, though it’s unclear how seriously that option is being considered.
Discussions did not cover foreign reserves, currency issues, national security, or China, Akazawa confirmed, but he said a package deal would be necessary for any final agreement.
Japan is under pressure from US trade actions, especially auto and steel tariffs, with one carmaker reportedly losing $1 million an hour. Akazawa stressed the need to protect national interests, especially in autos and agriculture, before Japan’s July elections.
Ask the Analyst & get instant answer about Stocks.
Tired of missing hot stocks? Unicorn Signals provides powerful tools like stock scans and more help you make informed trading decisions. Download now and take control of your portfolio!
