Japan Begins Counterattack Against the U.S.? Prime Minister Shigeru Ishiba States: Retaliatory Tariffs Not Excluded!

TradingKey - Japan may impose retaliatory tariffs on the U.S. This week's negotiations are the center of global attention.

On Wednesday, April 16, Japan and the U.S. will hold trade talks. The outcome is highly anticipated. However, Prime Minister Shigeru Ishiba stated yesterday that Japan does not plan to make major concessions. They are not in a hurry to reach an agreement.

Recently, President Trump announced a 90-day suspension of "reciprocal tariffs" for several countries, including Japan. This move is intended to facilitate negotiations. Trump claims many countries are eager to reach deals with the U.S. He mentioned that several nations have contacted him, saying, "Sir, please let me make a deal. I am willing to do anything."

Trump threatened that if countries fail to reach agreements with the U.S., he will change the 90-day suspension of "reciprocal tariffs" and raise tariffs to higher levels.

In response to Trump's ongoing tariff provocations, China has not backed down. Instead, it has implemented retaliatory tariffs multiple times. Now, Japan is also expressing a counter stance. Ishiba stated in a parliamentary meeting, "I do not believe we should make significant concessions just to quickly end negotiations."