Japan says that the US tariff cut the company’s profits day by day. world News

Tokyo: Japanese messenger said on Monday for the upcoming tariff talks with the United States that Japanese company profit “Day -day” were falling as they had called for a sharp solution.
Economic Revolling Minister Ryosi Akajawa will visit Washington for talks this week, Prime Minister Shigeru Ishiba told MPs on Monday.
The government has so far failed to efforts to secure exemption from American tariffs, including 25 percent in the global auto sector in early April.
US President Donald Trump is also planning a separate levy of 24 percent on Japanese goods, which has been stopped.
“Some tariffs have already become effective, the profits of Japanese companies are being cut day by day,” Akajwa said in Parliament.
“Soon (the issue is addressed), better,” he said.
In Washington, Akajawa will allegedly release a strong call to review Trump’s tariff.
He said, “I will do my best, keep in mind what is the best for our national interests and what is the most effective.”
Citing government sources, Japanese media said that Akajawa’s talks with Treasury Secretary Scott Besant and Trade Representative Jaimison Greer were scheduled for Wednesday.
The Japanese firms are the largest investors in the United States, and the vehicles were accounts for vehicles for 28 percent of the US-bound exports of 21.3 trillion yen ($ 142 billion) last year.
The Isaba on Monday afternoon made a telephone call with Singapore Prime Minister Lawrence Wong to discuss the impact of American Tariff and China’s counterparts.
Ishiba told Wong that “The current situation is critical for Japanese companies working in Southeast Asian countries including Singapore”, the Foreign Ministry of Tokyo said.
Next to his conversation, Akajwa also emphasized in an interview with Yomuri Shimbun Daily published on Monday that it was important to gain an understanding of what the American side wants.
“We have to express our message that we have serious concerns as continuity with the World Trade Organization Agreement and Japan-US trade agreement,” he said, resonating the previous comments by the Japanese Business Minister.
Akajawa also said that he was ready to talk about the development of liquidized natural gas (LNG) areas in Alaska, if the US side raises the issue, according to the Yomuri.
Trump said last month that Japan and South Korea are in countries working with the United States on an LNG pipeline in Alaska.