Japan, US to advance cooperation on US$550 billion trade deal

AI Summary

Japan and the United States agreed to advance cooperation on a US$550 billion trade deal, affirming the original terms despite changes in US tariff policies. Japanese Trade Minister Ryosei Akazawa and US officials confirmed continued collaboration on strategic sector investments.

Japan and the United States have confirmed they will advance cooperation on investing in strategic sectors and honour the other terms of a trade deal they reached last year, even though President Donald Trump’s tariff policies have changed significantly over time. “We reaffirmed that last year’s agreement remains unchanged,” Japan’s Trade and Industry Minister Ryosei Akazawa told reporters in Washington on Friday, after meeting Commerce Secretary Howard Lutnick and US Trade Representative...