Japan says US tariffs cut company profits ‘day by day’ | World News
[ad_1] Japan seeks quick resolution to US tariffs as profits decline. Economic Revitalisation Minister Ryosei Akazawa will negotiate in Washington this week. He aims to review Trump's tariffs. Japanese firms are major US investors. Vehicles form a large part of Japan's exports to the US. Prime Minister Shigeru Ishiba discussed the tariff impact with Singapore's Prime Minister Lawrence Wong. TOKYO: Japan's envoy for upcoming tariff talks with the United States said on Monday that Japanese company profits were falling "day by day" as he called for a swift solution.Economic Revitalisation Minister Ryosei Akazawa will visit Washington for the negotiations this week, Prime Minister Shigeru Ishiba told lawmakers on Monday.The government has so far failed in attempts to secure exemptions from the US tariffs, including 25 percent on the global auto sector that took effect in early April.US President Donald Trump […]