Rice Market Opening and Tariff Talks Heat Up Again


Japan is facing tough pressure in ongoing trade talks with the U.S., especially as the July 9 deadline to pause mutual tariff increases approaches. President Trump has recently voiced strong dissatisfaction with Japan, threatening to raise tariffs—possibly up to 30–35%—and criticizing the trade imbalance, particularly in the auto industry. He also suggested Japan should open its rice market, which has long been a protected area.

Japanese negotiator Ryosei Akazawa has visited the U.S. seven times, pushing for a stop to new auto tariffs and offering increased imports of U.S. cars through Japanese dealerships, as well as boosting imports of American liquefied natural gas. However, Japan has resisted opening its rice market, especially before the upcoming election, saying it won’t sacrifice farmers.

Trump, however, complained that Japan is short on rice but still refuses to buy U.S. rice. He also rejected Japan’s hope to extend the tariff pause, and talks have stalled with no next meeting scheduled.

Prime Minister Ishiba said Japan will keep trying its best to find common ground. Still, business leaders worry about the slow progress. Some suggest Japan should make a symbolic gesture to satisfy Trump, while others hope for a quick deal based on practical needs like rice stock shortages.

by MagazineKey4532

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