Overview

• Prime Minister Shigeru Ishiba initiated a second call with President Donald Trump, calling it a “very meaningful conversation” that deepened mutual understanding and signaled closer engagement.
• Japanese chief tariff negotiator Ryosei Akazawa has launched a fourth round of talks in Washington to press for the removal of 25% duties on Japanese autos, steel and aluminum.
• President Trump’s backing of Nippon Steel’s US Steel acquisition bid is viewed in Tokyo as a positive indicator for broader tariff relief.
• Japan is considering increased purchases of US agricultural products alongside defense equipment deals to strengthen its negotiating position.
• Both sides have agreed to target a formal trade agreement announcement at the Group of Seven leaders’ summit in Canada in mid-June.