Japanese PM calls Trump's new tariff decision regrettable

Translation. Region: Russian Federal

Source: People's Republic of China in Russian – People's Republic of China in Russian –

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Source: People's Republic of China – State Council News

TOKYO, July 8 (Xinhua) — Japanese Prime Minister Shigeru Ishiba on Tuesday called U.S. President Donald Trump's decision to impose 25 percent tariffs on Japan "truly regrettable," saying bilateral talks will continue to reach a mutually beneficial deal.

He said the government would continue to steadfastly defend national interests in future rounds of trade talks and pledged to do its utmost to soften the impact of upcoming tariff increases on Japan's export-oriented economy.

“We will continue to negotiate with the United States to explore the possibility of reaching a mutually beneficial deal while protecting our national interests,” the prime minister said. He attributed the lack of progress to “the government avoiding hasty compromises, demanding and defending what is necessary.”

D. Trump said Monday that a 25 percent tariff on imported goods from Japan would be imposed starting Aug. 1. The U.S. president also warned that any tariff increases on American goods would be met with equivalent measures from his administration. –0–

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