WASHINGTON DC, Jul 02 (News On Japan) –
U.S. President Donald Trump has expressed doubts about reaching a commerce settlement with Japan and hinted at the potential of imposing tariffs of 30% to 35%.
“We’ve been negotiating with Japan, but I doubt we can make a deal,” Trump mentioned on July 1st. “They’re very tough, and they’ve been spoiled.”
Trump additionally voiced frustration with Japan’s commerce stance, saying, “They don’t import American rice, and they don’t import our cars.” He signaled that if talks break down, he would possibly unilaterally impose excessive tariffs, stating there’s a risk of putting tariffs “from 30% to 35%” on Japanese imports.
He additionally acknowledged the problem of finalizing an settlement by the casual deadline of July ninth, suggesting that negotiations might not attain a conclusion in time.
Source: TBS