Trump warned that no trade deal appeared in sight with Japan.
A senior Japanese official sidestepped U.S. President Donald Trump’s warning that higher tariffs were coming for Tokyo because he did not see a trade deal happening, despite ongoing talks between the two countries.
Trump said talks were stuck due to a Japanese refusal to accept U.S. rice imports in exchange for selling millions of cars into the American market, which the president called an „easy“ demand for Tokyo to accept, Reuters reported.
He said Japan could face a tariff of 30 to 35 percent if no deal is made, higher than the 24 percent reciprocal tariff Trump had originally imposed, and then paused, in early April.