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"Investment, not tariffs," Ishiba informed the press following the dialogue. He emphasized that Japan's stance to urge Washington to lift all latest tariffs remains unchanged and that he continues to advocate for increased Japanese investment in the United States as a means to create more jobs in exchange.
The leaders engaged in discussions just after Ryosei Akazawa, Japan’s chief tariff negotiator, had a third round of talks with his US counterparts. In the previous rounds of negotiations, the US had not agreed to Japan's proposals.
Ishiba stated that he reminded Trump of Japan's standpoint, calling for the US administration to scrap all recent tariffs on imports from Japan, to which the US president gave no explicit response.
"I expressed my aspirations for fruitful discussions to occur, and we reached a consensus," Ishiba informed the reporters.
The United States has imposed a 25% tariff on auto imports, a crucial component of Japan’s trade with the US and a significant driver of economic growth. Although Trump has eased some of these tariffs, higher tariffs on steel and aluminum remain in place.
Friday's talks were at the request of Trump, and the leaders discussed a variety of topics for approximately 45 minutes, including security cooperation between the two allies and the US president’s recent visit to the Middle East, Ishiba reported.
He also mentioned that the two leaders agreed to hold further talks at the Group of Seven summit in Canada next month.
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