Japan describes the latest tariff Trump “Sorry”

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Chiegro Ishiba, the Japanese Prime Minister, speaks during a press conference at the residence of the official Prime Minister in Tokyo, Japan, on Monday, November 11, 2024.

Kyushi Ota By Reuters

The tariff messages by US President Donald Trump, which threaten high duties, led to many countries, including the main allies, led to “shock” and “regret” even when the nations expressed their optimism that negotiations will achieve positive results.

Japanese Prime Minister Shigro Ishiba said that the latest introductory announcement was “It is really unfortunate,” While emphasizing that he will continue negotiations with the US government, according to local media reports.

Japan is among the two countries scheduled to see an increase in the “mutual” tariff rate announced by Trump in April. Japanese imports in the United States will face a 25 % tax, starting from August 1, according to the White House, higher than 24 % previously announced.

In a meeting with the cabinet ministers on Japan’s strategy on definitions, Ishiba indicated that the Trump administration proposed a plan to continue the talks until the deadline in August.

“Based on the response of Japan, the content of the message can be reviewed,” Ishiba said at the meeting on Tuesday morning.

Meanwhile, South Korea leaders have pledged to accelerate tariff negotiations with the Trump administration “to quickly solve commercial uncertainty”, ” Yonhap News mentionedQuoting a statement from the Ministry of Trade, Industry and Energy.

Trump announced a 20 % blanket tariff for imports from the country, without changing the level of “mutual” tariff announced in April.

Yu Han Co, South Korea Trade Minister, is also asked to ask us Low tariffs On cars, steel and other commodities of Korean companies at a meeting with US Minister of Trade Howard Lottenic in Washington.

Thai Finance Minister Pachay Chhhnhavagira said on Tuesday that he “shocked a little” from the latest tariff, but he remained “confident” that he would decrease to levels similar to those in other countries, according to Reuters.

Thailand faces a 36 % tariff on its exports to the United States – one of the most severe prices among the 14 countries that Trump mentioned on Monday – unchanged from the April level.

Malaysia, which saw the rate of customs tariffs increased to 25 % of the previously threatened 24 %, said it will continue to communicate with the United States to address outstanding issues.

The Ministry of Investment, Trade and Industry said in a statement on Tuesday, “Malaysia is committed to continuing participation with the United States towards a balanced and beneficial trade agreement in terms of benefit and spent,” the Ministry of Investment, Trade and Industry said in a statement on Tuesday.

South Korea's relations went to

Outside Asia, South African President Cyril Ramavusa did not agree to a 30 % tariff rate in A. A statement published on X. Ramavusa said the tax “was not an accurate representation of the available trade data,” adding that 77 % of American goods entered the country with a zero tariff.

He said that South Africa will continue its diplomatic efforts towards “a more balanced and beneficial trade relationship with the United States.”

Deborah Els, head of commercial policy at the Henrich Research Corporation, said that the efforts to negotiate countries with Trump seemed to have little impact on the result.

“The Asian members who worked hard to develop almost the same transaction were received as countries that have not fled to the capital or were not invited to meet,” said ELMS, adding that Trump may still target Asian countries of “concerns about regional supply chains that include content from China.”

Trump shared footage of messages that separate the new tariff rates for more than ten countries in a series of social media publications on Monday, providing room for more negotiations before the renewed deadline on August 1. The messages indicated that the United States can consider controlling new customs tariff levels.



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