With Trump cutting short his stay at the G7 summit, there wasn't any real progress in trade talks between Japan and the US. Ishiba noted that he did have a discussion with Trump but there's still a divergence in viewpoints on some aspects related to trade.
For some context, Japan wants the US to drop all tariffs especially that on autos. At the same time, Ishiba has reaffirmed that they won't be making concessions especially on agriculture for it. That is the current positioning as we are now three weeks away from the 9 July deadline for a deal.
This article was written by Justin Low at www.forexlive.com. Read More Details
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