Japan-US Tariffs: No Deal Before G7 Summit
- A top Japanese trade negotiator indicated Sunday that Japan-U.S.
- Ryosei Akazawa, Japan's minister for economic and fiscal policy, conveyed his assessment after meeting with Prime Minister Shigeru ishiba.He briefed Ishiba on the latest developments in tariff negotiations...
- akazawa suggested that reaching an immediate agreement between Ishiba and U.S.
Japan-U.S. trade talks face a delay, with a deal unlikely before the G7 summit in Canada, according to a top Japanese negotiator.Ryosei Akazawa, Japan’s minister for economic and fiscal policy, shared this assessment after briefing Prime Minister Ishiba on the state of tariff negotiations. The focus is on navigating complex trade agreements, making an immediate breakthrough improbable. Akazawa’s statements suggest ongoing hurdles to overcome before any potential agreement between leaders. With the G7 summit fast approaching, will discussions shift gears? News Directory 3 is watching every development. What are the next steps for these vital trade discussions? Discover what’s next.
Japan-U.S.Trade Talks Unlikely Before G7 Summit, Negotiator Says
Updated June 08, 2025
A top Japanese trade negotiator indicated Sunday that Japan-U.S. trade talks are unlikely to occur before the Group of Seven (G7) summit in Canada. The summit is scheduled for June 15-17.
Ryosei Akazawa, Japan’s minister for economic and fiscal policy, conveyed his assessment after meeting with Prime Minister Shigeru ishiba.He briefed Ishiba on the latest developments in tariff negotiations between the two countries.
akazawa suggested that reaching an immediate agreement between Ishiba and U.S. President Donald Trump is improbable.The focus remains on navigating complex trade agreements.
“It is unlikely that the prime minister will immediately talk with President Trump and come to a possible agreement,” Akazawa said.
What’s next
Japan and the U.S. are expected to continue negotiations on trade and tariffs, seeking common ground ahead of future high-level discussions.