Japan PM says Trump s tariff views hard to understand
TOKYO – Japanese Prime Minister Shigeru Ishiba said on March 28 that Mr Donald Trump’s views on tariffs were “difficult to understand” after the US President announced 25 per cent levies on imported cars and parts.
Just weeks after Mr Ishiba and Mr Trump held apparently friendly talks, the duties came as a major blow to Japan, one of Washington’s closest economic and strategic allies.
Japanese auto shares sank for the second day on March 28.
“What President Trump is saying is that there are both friends and foes and friends can be more difficult. This is very difficult to understand,” Mr Ishiba said during a legislative committee session.
Announcing the new vehicle tariffs – pencilled in for next week – Mr Trump said this week in the White House that America’s trade partners had been “taking our jobs, taking our wealth, taking a lot of things”.
“They’ve taken so much out of our country, friend and foe alike. And frankly, friend has been oftentimes been much worse than foe,” he added.
The measures have caused consternation among US allies.
Canada angrily reacted to Mr Trump’s tariff, which could devastate the nation’s auto industry, with Prime Minister Mark Carney declaring the era of deep bilateral relations was “over”.
For Japan, Mr Ishiba warned: “The impact this will have on the Japanese economy will be extremely significant. There is nothing to be gained by getting into a big fight over it. We will explain logically (to Washington).
“The point is to make them understand imposing such high tariffs on Japan will not bring a special benefit to the United States.”
One in 10 Japanese jobs are tied to the automotive industry.
Mr Ishiba said on March 27 that Japan was reviewing an “appropriate” response to the tariffs.
“We believe that
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