
US Tariffs Hit Japanese Exports Hard: Trade Tensions Escalate with 24 Percent Levy on Japanese Goods
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According to Kyodo News, Japanese policymakers are voicing serious concerns, stating that unless these Trump-era tariffs are rolled back, there may be little point in pursuing a broader trade deal with Washington. However, Japanese negotiators are beginning to consider options for partial tariff reductions, rather than insisting on total elimination, in hopes of reaching a compromise and minimizing prolonged economic harm.
The White House’s Trade Compliance Resource Hub notes that the 24 percent tariff on Japanese goods is scheduled to remain in effect at least until July 9, unless a new agreement is reached. The tariffs, which include the 25 percent rate on vehicles, have hit Japan’s automakers hard and led to stock market volatility in Tokyo. Brookings Institution reports that Japan’s leadership has called this “a national crisis,” convening emergency meetings and establishing a task force to support affected firms, especially smaller exporters that are struggling to navigate sudden cost increases and shifting demand.
Despite these challenges, Japan continues to uphold its longstanding zero-tariff policy on passenger vehicles from the U.S., as confirmed by shipping and logistics sources. But market access barriers, such as differing safety standards and strong domestic brand loyalty, mean that American car exports have not significantly increased as a result. Right now, the pressure is mounting on both sides to find a path forward, especially as consumers in both
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