‘Deeply regrettable’: Japan reacts as Trump imposes 25% tariffs, extends trade talks to August

  • Posted on July 8, 2025
  • By Business News Today
  • 1 Views
‘Deeply regrettable’: Japan reacts as Trump imposes 25% tariffs, extends trade talks to August

Japanese PM Shigeru Ishiba says Japan will continue trade talks with the US, even after President Trump announced 25% tariffs on Japanese goods starting August 1. Ishiba rejected making ‘easy concessions’ and called the tariff hike ‘deeply regrettable.’ He confirmed some progress in talks and revealed a new US proposal to conclude negotiations before the deadline. Trump cited unfair trade practices in his announcement on Truth Social.
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