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.