TOKYO – Prime Minister Shigeru Ishiba reaffirmed on Sunday his intention to pursue a zero-tariff trade agreement with the United States, arguing that removing all tariffs would bring mutual economic benefits.
Speaking on Fuji Television’s morning program, Ishiba said that while trade talks with Washington have moved slowly, they are progressing. “Our discussions are slowly coming together,” he said, describing his relationship with U.S. President Donald Trump as “surprisingly good,” despite the challenges inherent in international trade negotiations.
Ishiba referenced the recent U.S.-UK trade agreement — which reduced certain tariffs on British auto exports but retained a 10% baseline — as a partial model, but one that Japan would surpass. “That kind of deal might work for some, but our goal should be a complete elimination of tariffs,” he said.
He argued that high import duties on vehicles hurt American consumers by driving up prices. “If we truly want to strengthen the U.S. economy, shouldn’t we be working toward lowering those tariffs?” he said.
President Trump, in remarks Friday, reiterated the U.S. position to maintain a 10% standard import tariff even in the wake of trade deals, though he left room for exceptions based on favorable terms. Japan currently faces a 25% tariff on its key auto exports to the United States and a 24% duty on other major products — costs Tokyo is determined to eliminate.
Domestically, Ishiba addressed calls to reduce Japan’s consumption tax to stimulate the economy. He warned against any abrupt moves that might undercut the country’s fiscal health. “If we abruptly cut the consumption tax, what impact will that have on national finances?” he said. “We need to explore alternative ways to support those who truly need assistance.”
According to Channel News Asia, Ishiba’s remarks underscore Japan’s dual strategy of pushing for bold international trade reforms while maintaining a cautious approach to domestic economic policy amid ongoing global uncertainty.
