Key Facts
• June 27: Akasawa Ryosei met U.S. Commerce Secretary for 65-minute talks.
• Discussions included tariff measures, trade expansion, and economic security cooperation.
• Japan seeks revision of 25% U.S. auto tariffs; negotiations remain challenging.
• Akasawa’s U.S. visit marks his 7th trip since April under Trump-era tariff policies.
• Originally set to return June 29, Akasawa extends stay for talks with Treasury Secretary.
• Japan aimed for agreement during June G7 Summit but failed to bridge differences.
Summary
Japanese Economic Revitalization Minister Akasawa Ryosei extended his U.S. visit to finalize trade tariff negotiations with Treasury Secretary Bessent. On June 27, Akasawa held a 65-minute meeting with Commerce Secretary Ratnick, discussing tariff measures, trade expansion, and economic security. Japan continues to push for a revision of the 25% U.S. auto tariff, but negotiations remain difficult. This marks Akasawa’s seventh U.S. visit since April, following the Trump administration’s tariff policies. Despite aiming for an agreement during the June G7 Summit, both sides failed to resolve key differences. Akasawa’s extended stay reflects Japan’s commitment to achieving a mutually beneficial outcome.
