Japanese Prime Minister Shigeru ishiba | Photo credit: Reuters
Japan will emphasize “justice” in any discussion with the United States about exchange rates, Prime Minister Shigeru Ihiba said on Sunday, since bilateral commercial conversations capture global attention in the tariff offensive of the president of the United States, Donald Trump.
Ishiba, in an interview program in the Public Issuer NHK, indicated that Tokyo could buy more American energy and suggested flexibility in the accusations of the USA. Uu. Of non -tariff barriers to the Japanese car market.
Trump, who unexpectedly joined the first round of us, Japan conversations on Wednesday and promoted “great progress,” said negotiations to include his accusations of this intentionally unfair tokyo is what it is.
Ishiba said that specific discussions will be made on the currency policy between Finance Minister Katsunobu Kato and Treasury Secretary Scott Besent.
“We will have to deal with this problem from the point of view of equity,” said Ishiba, when he was asked how Japan would respond if the United States requested cooperation to boost Yen.
Japan, which denies manipulating Yen, over the years has generally struggled to prevent strong yen to harm its export re -export economy, but finally intervenes in the foreign exchange market last year to boost its currency.
Kato plans to visit Washington this week for a group of 20 finance leaders outside the spring meeting of the International Monetary Fund. It is expected to meet Besent for bilateral commercial conversations.
I could lift American energy imports
Some analysts say that Japan could use huge treasury participations in the United States, the largest in the world with more than $ 1 billion, as commercial leverage, but Kato This month ruled out using them as a negotiation tool.
“This is something that is based on confidence between the two parties, global economic stability, as well as the economic stability of the two countries,” Istiba said when asked if he would go to his arrest of the United States duration of conversations.
Trump has hit Japan with 24 percent of tariffs in their exports to the United States, such as most Trump’s taxes, they have stopped until the beginning of July. There is a universal rate of 10 percent, as well as a 25 percent service in cars, a pillar or the cheap export economy of Japan.
Nikkei Asia reported on Sunday that Japan is considering relaxing the automotive security rules for imports as part of their tariff negotiations with the United States that Washon has long complained for a long time that Japanese security rules are an adequate non -cozy, they say that experts say experts and drivers.
When asked about such accusations, Iliba said there were differences in the US safety and traffic rules. And Japanese that must be taken into account. “But we must also ensure that they don’t tell us that our rules (security) are unfair.”
It was signaled by a provision to promise a larger Japanese investment in the United States, particularly in the energy area.
“As for liquefied natural gas, Australia is the largest exporter in Japan. I think that the United States is in fourth place. We may have this increase. The question is whether the United States can deliver (energy) stable,” he said.
Posted on April 20, 2025