TOKYO: Japanese Prime Minister Shigeru Ishiba expressed concerns on Thursday regarding the high tariffs set by the U.S. administration under President Donald Trump, stating that these measures could hinder Japanese investments in the United States.
During a session in parliament, Ishiba highlighted that Japanese companies rely on generating funds for their investments in the U.S., and that the increased tariffs could complicate this process. A recent survey by Reuters revealed that nearly 90% of Japanese firms believe Trump’s policies could negatively impact their business operations.
Ishiba also emphasized the need to communicate clearly how Japanese investments can benefit both Japan and the U.S. economy, especially in terms of job creation. He mentioned this point during a recent summit with President Trump.
Furthermore, Ishiba announced plans to send Japan’s industry minister, Yoji Muto, to the United States to engage in discussions with officials from the Trump administration.
