💨 Abstract

Japanese Prime Minister Shigeru Ishiba emphasized the need for rules-based free trade and multilateral systems, criticizing high tariffs. He aims to lead the expansion of the Asia-Pacific trade group, the CPTPP, amid U.S. trade tensions. Japan is negotiating with the U.S. to drop tariffs, possibly offering increased purchases of U.S. farm products and defense equipment.

Courtesy: WTOP Staff