Fourth Round of Japan-US Tariff Talks Ends with Progress Toward Agreement

WASHINGTON DC, May 31 (News On Japan) - Japan and the United States held their fourth ministerial-level talks on tariffs on May 30th, with Economic Revitalization Minister Akazawa stating that "progress toward an agreement was confirmed" during the meeting.

Akazawa said, "Japan and the United States have fully acknowledged each other’s positions and confirmed that discussions toward a deal are moving forward."

He made the remarks after holding about two hours of talks with Treasury Secretary Bessent and others. However, he repeatedly declined to disclose the specifics of the progress made. He also revealed that both sides agreed to hold the next round of ministerial talks before the G7 summit, which will take place in Canada in mid-June.

During the talks, Akazawa said he once again strongly urged the United States to reconsider its series of tariff measures. He reiterated Japan’s position that a full retraction of the Trump administration’s tariffs is essential for reaching a bilateral agreement.

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