Japan May Increase US Corn Imports Under Tariff Deal

Published 2025년 5월 12일

Tridge summary

Japanese Prime Minister Shigeru Ishiba has suggested increasing U.S. corn imports as a potential option in trade negotiations, a move that could be less politically sensitive than increasing rice imports due to the importance of domestic rice producers to the ruling Liberal Democratic Party. Ishiba also made it clear that Japan would not compromise its agricultural sector, including automobiles, to reduce auto tariffs. The two countries have made some headway in their trade talks, with Japan seeking tariff exemptions on goods exported to the U.S. These negotiations could be influenced by an upcoming agreement between the U.S. and China to reduce mutual tariffs.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Japanese Prime Minister Shigeru Ishiba signaled on Monday that increasing U.S. corn imports would be an option in trade talks with Washington. Ishiba also told a parliamentary session that Tokyo would not sacrifice its agricultural sector to lower auto tariffs, Reuters reported. Japan has made some progress in two rounds of trade talks with the United States. Tokyo is seeking tariff exemptions on goods shipped to the United States, including a crippling 25% tariff on its most important export, automobiles. During the first round in April, the U.S. side raised automobiles and rice as areas where White House officials said Tokyo was imposing market barriers. Agreeing to buy more North American corn is a less controversial option for Japan than increasing rice imports, as Ishiba’s ruling Liberal Democratic Party relies heavily on domestic rice producers to win elections. Japan may also offer the United States technical cooperation in shipbuilding, Reuters clarified, citing ...

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