🚗🇺🇸🇯🇵 U.S.-Japan Trade Talks Stall as Washington Holds Firm on Auto and Metal Tariffs 🔹 Summary: Japan expressed frustration after U.S. negotiators showed little willingness to ease tariffs on cars, steel, and aluminum during recent trade talks in Washington, Nikkei reported. Japan had offered measures to shrink its trade surplus, but U.S. officials maintained a hard line, signaling tough negotiations ahead. 🔹 Key Points: • U.S. Treasury Secretary Scott Bessent led talks with Japan’s top trade negotiator Ryosei Akazawa on Thursday. • Japan proposed expanding U.S. agricultural imports and easing non-tariff barriers on autos. • The U.S. kept tariffs on vehicles, steel, and aluminum unchanged in its draft framework. • The impasse raised concerns in Japan over future cooperation and trade balance improvements. • Talks come amid heightened global tensions following Trump’s broader tariff policy push. @CMEActiveTrader Tickers Of Interest: $ZN $HG $PA $PL Tickers Of Interest: $USD $JPY $X $F
⚠️ US cedes little ground on key tariffs in talks with Japan, Nikkei says - Reuters on Full Story →
Show original
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.