Is Japan about to do it own tariff taco? Ishiba to ease demand for US auto tariff repeal? ...Middle East

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The proposal, reportedly put forward by Japan’s chief tariff negotiator Ryosei Akazawa—currently in Washington for a fifth round of trade talks—would tie tariff relief to metrics such as the number of vehicles Japanese carmakers build in the U.S. and how many are exported from the U.S. to global markets. Akazawa is meeting with senior U.S. officials, including Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick, as part of ongoing negotiations.

Reuters conveying the report from Asahi

This article was written by Eamonn Sheridan at www.forexlive.com.

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