Japanese Prime Minister Shigeru Ishiba is preparing for a crucial phone conversation with U.S. President Donald Trump early next week to address the escalating concerns surrounding Washington’s new tariff policy.
The call comes in response to the recent announcement by Trump imposing a 10% baseline tariff on all imports, with significantly higher rates targeting select nations. Japan, facing an unexpected 24% levy, is seeking diplomatic relief.
Ishiba, speaking on a televised program on Saturday, stated his intention to reason with President Trump, emphasizing Japan’s strategic economic value to the United States. Ishiba highlighted that Japan is currently the largest foreign investor in the U.S. economy, and future investment plans are already under discussion. He hopes that presenting these facts will convince the U.S. administration to soften or reconsider the tariff hike.
According to Japanese media, Ishiba is formulating a proposal that will underscore Japan’s longstanding economic partnership with the U.S., its job-creating investments, and its pivotal role in the global supply chain. Despite the mounting pressure, Ishiba made it clear that Japan has no intention of retaliating with counter-tariffs, opting instead for a diplomatic and constructive dialogue. “We will not go tit-for-tat,” he said firmly.
The tariff announcement has triggered serious concerns within Japan, with Ishiba reportedly calling the U.S. decision a “national crisis” due to the potential damage to Japan’s export-driven economy. Several Japanese industries, particularly automotive and electronics, are at risk of severe disruption if the new tariffs remain in place.
Ishiba’s administration is also working closely with Japanese corporations to assess the economic impact of the new tariffs and is prepared to offer support to key industries if needed. While maintaining a calm diplomatic stance, Ishiba is determined to defend Japan’s economic interests and prevent any long-term harm to its trade relations with the United States.
As the upcoming discussion between Ishiba and Trump approaches, global markets are closely watching the outcome. A positive resolution could not only ease bilateral tensions but also send a signal of stability amid growing global concerns over rising tariffs and trade wars. Ishiba’s approach reflects Japan’s preference for negotiation over confrontation in times of economic uncertainty.