Workers install a battery for a new electric vehicle model at Mitsubishi Motor Corp's factory in Kurashiki, Japan May 19, 2022. The US has refused to even discuss Trump's 25 per cent tariffs on autos and auto parts, steel, and aluminum. - Reuters
WASHINGTON/TOKYO May 2: Top US and Japanese officials agreed to start immediate working-level consultations after "frank and constructive" trade talks in Washington on Thursday (May 1), the US Treasury Department said on Friday, but Japanese accounts were more downbeat.
US Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick and Trade Representative Jamieson Greer met with Japan's Economic Revitalisation Minister Ryosei Akazawa, another set of discussions sought by US trading partners to avert high tariffs imposed by US President Donald Trump last month.
