Japan fails to secure US tariff exemption, negotiations to continue at working level

March 11, 2025 - 21:18
Japan argued that the Asian country should be exempted from the tariffs as the investments by Japanese companies in the US contribute to the economy and job creation.
Japanese Minister of Economy, Trade and Industry Yoji Muto (right) shakes hands with US Commerce Secretary Howard Lutnick in Washington on Monday. — Photo courtesy of the Japanese Ministry of the Economy, Trade and Industry

WASHINGTON — Japanese economy, trade and industry minister Yoji Muto said he has not received a commitment from the US government to exempt Japan from the planned tariffs, following meetings with US economic officials in Washington on Monday.

Muto added that discussions would continue at the working level.

Muto held closed-door meetings with US Commerce Secretary Howard Lutnick, US Trade Representative Jamieson Greer and National Economic Council Chair Kevin Hassett, who is responsible for economic policy planning and coordination.

Muto said during a press conference after the meetings that, so far, there have not been any decisions made to exclude Japan from the tariffs.

He confirmed that Japan and the US would continue negotiations at the working level regarding tariffs.

In the meetings, the Japanese side argued that Japan should be exempted from the tariffs as the investments by Japanese companies in the US contribute to the economy and job creation.

“I expressed that our country should not be subject to these tariffs,” Muto said. “[The U.S. side] said it acknowledged Japan’s contributions with seriousness.” — THE JAPAN NEWS/ANN

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