Japan’s Trade Negotiator Akazawa: Hopes for a deal with US to spare from higher auto tariffs
FXStreetJun 13, 2025 9:57 AM
Bloomberg reported Japan's top trade negotiator Ryosei Akazawa saying on Friday that “generally speaking, if we reach a deal it should secure special treatment for Japan, and exclude it from rules that apply to most countries,” when asked about US President Donald Trump’s comments that indicated he’s considering raising tariffs on imported cars further to boost production in the US.
On his way to Washington for his sixth round of trade talks with US counterparts, Akazawa noted, “we are in bilateral negotiations with the US.”
Market reaction
At the time of writing, USD/JPY is recovering further ground, trading 0.28% higher on the day at 143.88.
Reviewed byJane Zhang
Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.
Related Articles
What is the Future of Stablecoins? Here are Some Stablecoin Stocks to Watch
With regulations solidifying, institutional money flowing in, and global market expansion accelerating, stablecoin-related stocks could experience unprecedented growth.TradingKey
Wed, Jun 11
[HOTSPOT ANALYSIS] ECB June Policy Rate Commentary: Euro Dynamics Driven by the Fed, Not the ECB
TradingKey - On 5 June 2025, the European Central Bank (ECB) met market expectations by reducing interest rates by 25 basis points, bringing the deposit facility rate to 2%.TradingKey
Tue, Jun 10
Apple FY2025 Q2 Earnings Preview: Can It Thrive in a Trade War Storm?
TradingKey - As Apple ready to release its Q2 FY2025 earnings, the tech giant stands at a crossroads, navigating a landscape shaped by robust fundamentals, escalating trade tensions, and intensifying competition. With its iconic brand and formidable cash flow, Apple remains a cornerstone of the...TradingKey
Tue, Apr 29
Tesla Q1 2025 Earning Report Review: Autonomous Driving and Robotics Lead Future Growth
TradingKey - Tesla's Q1 2025 earnings results revealed short-term financial pressure, with core data lower than market expectations, and both revenue and profitability facing challenges. Against the backdrop of sales and profit pressure, Musk remains confident in Tesla's future.TradingKey
Wed, Apr 23
Ten Questions About the U.S. Debt Ceiling: What Is the X-Date? How Does It Differ from a Government Shutdown?
TradingKey — As U.S. borrowing continues to surge, breaching the statutory debt ceiling, the Treasury Department under Janet Yellen has been relying on cash reserves and extraordinary measures since early January 2025. However, these temporary solutions are nearing exhaustion. The so-called X-date..TradingKey
Fri, Mar 28
Tradingkey
