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Japan's Finance Minister Warns of U.S. Tariff Risks

4/20/2025

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Kato Warns Tariffs

Japan's Finance Minister Katsunobu Kato voiced serious worries over U.S. tariffs, warning of their detrimental effects on Japan's economy. As Japan and South Korea engage in talks with the Trump administration to reverse these tariffs, they strive to navigate complex relations with China while safeguarding their security partnership with the U.S.

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Trump Advances Tariff Talks

U.S. President Donald Trump declared "big progress" in tariff negotiations with Japan on April 16, spearheaded by Minister Ryosei Akazawa. Both countries are eager to finalize an agreement to prevent escalating tariffs. However, Japanese opposition lawmaker Shinji Oguma slammed U.S. demands as "extortion," urging Japan to stand firm against concessions.

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Kato Warns Tariffs

Japan's Finance Minister Katsunobu Kato voiced serious worries over U.S. tariffs, warning of their detrimental effects on Japan's economy. As Japan and South Korea engage in talks with the Trump administration to reverse these tariffs, they strive to navigate complex relations with China while safeguarding their security partnership with the U.S.

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