Japan intends to reach the US Tariff Deal by G-7 in June

Japanese General Trade Negotiations Ryosei Akazawa, US President Donald Trump and Japanese Prime Minister Shigeru Ishiba’s Prime Minister Shigeru Ishiba continued to talk tariff talks, he said.

“We are waiting for the meetings of the leaders of the two nations,” Akazawa told reporters after meeting with US Trade Secretary Howard Lutnick and Ustrir Jamieson Greer on Friday on Friday. “Taking this into account, we will do our best.”

Akazawa’s statements are followed by a phonecallAmong Trump and Ishiba to meet the edge of seven summit group next month. In a few hours later, Trump expressed confirmation for the partnership between Nippon Steel Corp. United States Steel Corp is hoping to ask the President to listen to Japanese position.

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The US President will create at least 70,000 jobs in the partnership and said it will add $ 14 billion to the US economy. To use the importance of Japan’s investment in the US economy, Tokyo is in tactics, it is likely to gain concessions from Washington on tariffs. Japan has had the largest reserves of foreign direct investments in the United States until 2023 in 5 years.

Akazawa, Nippon Steel, an investment for the official announcement of a corporate transaction or contract by the United States, he refused to comment on the results of a purchase by the United States, he said he would help the US economy.

The office said that Akhazava recreated the US tariffs in Japan. Akazawa, expanding trade, non-tariff measures and the center of cooperation in the field of economic security, deepened in the world.

As without other nations, trump has slapped Japan with a 25% levy on autos, steel and aluminum and a 10% Across-the-board tariff. The so-called reciprocal tariff, raising 24% in early July, is banning the deal. Cars and automatic parts are Japanese in the United States in a third of all exports. The auto industry is a growth driver for the Japanese economy and 8% of the workforce.

This summer can help increase the approval ratings of the work of the work to reach a trade deal with a trade deal with a trade deal with a top choice. Again, an agreement on the United States can be returned, especially in the agricultural sector, without resolving automatic tariffs.

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For Akazawa, this was the third round of the highest level trade talks with US colleagues. The United States is expected to meet next week to meet with the Treasury Secretary Scott Bessent. Speaking before Friday meetings, Akazawa stressed the need to reach the agreement as a package and warned it against a hurry.

“As he said in English, it is meaningless to talk to the talks, because it is not agreed that everything is agreed until everything is not agreed,” Akazawa.

This story was first displayed Fortune.com

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