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World News May 11, 2025

Japan PM Ishiba reiterates call to eliminate all tariffs with the US

Japanese Prime Minister Shigeru Ishiba said Sunday he will push for the removal of all tariffs in trade talks with the U.S., calling for a 0% tariff goal.

Speaking on Fuji TV, Ishiba noted Japan’s ties with U.S. President Trump are “surprisingly good” and said the recent U.S.-UK deal—which kept a 10% car tariff—shouldn’t be the standard. He argued high auto import tariffs hurt U.S. consumers and should be reduced.

Japan currently faces a 25% tariff on car exports to the U.S. and a 24% levy on other goods.

Ishiba also urged caution over cutting Japan’s consumption tax, saying the government must consider the long-term impact on national finances.

Source: CGTN

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