key takeaways
- With the Trump administration’s announcement of new tariffs on steel and aluminum and automobiles, as well as wide-reaching reciprocal tariffs, the Ishiba government is scrambling to assess and mitigate the impact on Japanese companies.
- These moves, coming immediately after Prime Minister Ishiba Shigeru’s visit to Washington, show that the Ishiba government’s leverage may be limited, forcing it to forego retaliatory measures and seek negotiations with Washington to avoid any spillovers into security cooperation.
Japan Foresight 