World Perspectives

Trade Deals Being Worked on With Japan, China, and the EU

Japanese trade negotiator Ryosei Akazawa is in D.C. to talk trade. During a two-hour meeting with various officials, including Treasury Secretary Scott Bessent, Akazawa called for a review of recent U.S. tariffs, and Prime Minister Shigeru Ishiba said today Japan will not sacrifice its national interests to conclude ongoing tariff negotiations.   China has denied being in talks with the U.S., but averred today it is evaluating a U.S. offer for negotiations on tariffs – only if the U.S. is ready to scrap the tariffs that have roiled global markets and supply chains before talks can begin.    Finally, Maroš Šefčovič, the EU trade commissioner, said in an interview with the Financial Times yesterday that...

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