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Japan Negotiates Trade Terms Amid Trump’s New Tariffs

2/24/2026

Summary

Story summary

United States President Donald Trump announced a 15% duty on imports, prompting Japan to seek favorable terms.
Japan seeks terms as favorable as the 2025 agreement ahead of Prime Minister Sanae Takaichi’s March visit.
Trade Minister Ryosei Akazawa says Tokyo will not renegotiate the deal to avoid harsher tariffs, especially on cars.
Projects worth US$36 billion have been launched, reinforcing the two nations’ trade relationship, with no further talks planned.

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Story summary

United States President Donald Trump announced a 15% duty on imports, prompting Japan to seek favorable terms.
Japan seeks terms as favorable as the 2025 agreement ahead of Prime Minister Sanae Takaichi’s March visit.
Trade Minister Ryosei Akazawa says Tokyo will not renegotiate the deal to avoid harsher tariffs, especially on cars.
Projects worth US$36 billion have been launched, reinforcing the two nations’ trade relationship, with no further talks planned.