Jun 12, 2025 11:05 AM IST
US Stock Market Live: Japan Says Will Not Rush Into Trade Deal
Japanese Prime Minister Shigeru Ishiba said he won’t rush into a trade deal with the US that would hurt the nation’s interests, although he’d welcome any progress made before an expected summit with US President Donald Trump.
“If there’s progress before I meet the president, that’s in and of itself good,” Ishiba told reporters in Tokyo Thursday. “But what’s important is to achieve an agreement that’s beneficial to both Japan and the US. We won’t compromise Japan’s interests by prioritizing a quick deal.”
Ishiba is expected to meet Trump on the sidelines of the Group of Seven leaders gathering in Canada starting Sunday, but Ishiba said the time and date for the bilateral hasn’t been set. The prime minister spoke following a gathering with opposition party leaders to discuss US tariffs. Collaborating beyond party lines is necessary to deal with what can be considered a national crisis, Ishiba said.
