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.


Source: https://www.supplychaindive.com/news/trump-threatens-japan-tariffs/752213/

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