Japan Reacts to Trump's Tariffs: Asia Scrambles Before Deadline

Japan Reacts to Trump's Tariffs: Asia Scrambles

Nations across Asia are responding to U.S. President Donald Trump's recent tariff announcements. Japanese Prime Minister Shigeru Ishiba has voiced his regret but affirmed a commitment to continued negotiations with the U.S.

South Korea's Response

South Korea is holding emergency meetings with relevant ministries to address the new tariffs. Presidential chief of staff, Kim Yong-beom, is expected to attend the meeting.

Malaysia's Stance

Malaysia, facing increased tariffs, will continue to engage with the U.S. to resolve outstanding trade issues, emphasizing a balanced, mutually beneficial, and comprehensive trade agreement.

Expert Analysis

Despite these efforts, trade experts suggest that individual negotiations may not significantly alter the outcome, hinting at broader concerns about regional supply chains that include content from China.

Deadline Looms

Trump has shared letters detailing new tariff rates on social media, offering a window for further negotiations before the August 1 deadline. These letters indicate that the U.S. could consider adjusting the new tariff levels.