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Japanese Minister of Economic Revitalization Ryosei Akazawa said on the 29th that he needs to visit the United States at least once to negotiate on the issue of US-Japan tariff talks. Hiroki Kumano, chief economist at Dai-ichi Life Research Institute in Japan, believes that due to the changing US policies, there is still great uncertainty in US-Japan tariff negotiations, but the negative impact of US tariffs on the Japanese economy has gradually become apparent. Hiroki Kumano, chief economist at Dai-ichi Life Research Institute: Japanese companies still face heavy tariff pressure and have to significantly shift tariff costs to prices, which will inevitably suppress sales in the US market. (CCTV News).
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