WASHINGTON: President Donald Trump said he’s joining some of his best financial experts on Wednesday for discussions at the White House over tariffs and trade with a major Chinese official who is traveling to Washington for the deals.
The Republican leader said in a blog on his social media platform that he’ll attend the meeting alongside Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick, major financial consultants with a key role in his trade and tariff plans.
Trump just announced a square of global taxes but then immediately put them on hold for 90 days after the areas tanked. The move put Japan’s 24 % across-the-board tariff on hold, but a 10 % baseline tariff and a 25 % tariff on cars, auto parts, steel and aluminum exports to the US remain in place.
” Japan is coming in now to deal Taxes, the cost of military aid, and ‘ TRADE FAIRNESS. ‘ I did attend the meeting, along with Treasury &, Commerce Secretaries”, Trump wrote in the social media post. ” Hopefully something can be worked out which is good ( GREAT! ) for Japan and the USA”!
Japan’s chief trade negotiator, financial revival secretary Ryosei Akazawa, was headed to Washington on a quest to encourage US officials to eliminate Trump’s tax measures against the South Eastern supporter of the United States.
Akazawa is to hold his first talks with Bessent and US Trade Representative Jamieson Greer through Friday. ” I am prepared for the talks”, Akazawa told reporters at Tokyo’s Haneda Airport before boarding his flight to Washington. ” I will negotiate in order to firmly protect our national interest”.
He said that both Bessent and Greer are” known to be pro-Japan and professionally talented” and that he hopes to build a relationship of trust with them. ” I believe we can have good talks toward a win-win relationship that will serve national interest for both Japan and the United States”, he said. Japan is among the first countries to start negotiations with the US.
