Trump warns of potential tariffs on Japan reaching as high as 35%.

The U.S. may impose a tariff of up to 35% on Japan after the expiration of a 90-day pause on country-specific duties, as stated by President Trump. Negotiations between the two nations are ongoing, but a trade deal is unlikely before the July 9 deadline. A major issue is the U.S. demand for Japan to import rice and automobiles. Trump indicated he would formally announce the tariff increase, which would rise from a previously set 24%. Japan's officials acknowledged Trump's statements but did not comment further, emphasizing continued negotiations.