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Japan intends to reach a tariff agreement with the United States before the G7 summit in June.
According to Mars Finance, Japan's Minister of Economic Revitalization, Akizumi Ryozo, stated that his goal is to resolve the tariff negotiation issue in a timely manner before the meeting between U.S. President Trump and Japanese Prime Minister Ishiba Shigeru in June. Akizumi Ryozo met with U.S. Secretary of Commerce Ross and U.S. Trade Representative Lighthizer in Washington on Friday and told reporters, "Both leaders are looking forward to their meeting, which has been confirmed." "We will keep this in mind and do our best." Prior to his remarks, Trump and Ishiba had a phone call, promising to meet during next month's G7 summit. A few hours later, Trump stated that he agreed to establish a partnership between Nippon Steel and U.S. Steel (X.N). (Jin10)