Akazawa and Rutnick Discuss “Close Cooperation on Japanese Investment in the U.S.”,
Akazawa (left) Japanese Minister of Economy, Trade and Industry and Rutnick, U.S. Secretary of Commerce. Yonhap News Agency,
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, “Japanese Minister of Economy, Trade and Industry Ryosei Akazawa held a phone conversation with U.S. Secretary of Commerce Howard Rutnick, requesting that the new U.S. tariff measures not be more unfavorable to Japan compared to the previous U.S.-Japan agreement.”,
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, “According to the Ministry of Economy, Trade and Industry on the 24th, Akazawa conveyed this opinion during a phone call with Secretary Rutnick at 10:30 PM the previous day, which lasted about 40 minutes. Both sides reaffirmed their commitment to faithfully and promptly implement the agreement made last year.”,
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, “They welcomed the recent official announcement of the first project under the $550 billion (approximately 797 trillion won) investment agreement in the U.S., which includes three projects: gas-fired power generation, crude oil export infrastructure, and artificial diamond manufacturing, and agreed to closely cooperate to ensure smooth progress of these projects.”,
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, “President Trump announced on the 20th (local time) that following the Supreme Court’s ruling against reciprocal tariffs, he would raise new global tariffs from 10% to 15% based on Trade Act Article 122.”,
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