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flag US and Japan are in talks to ease US tariffs on Japanese goods ahead of the G7 summit.

flag Japan and the US are in ongoing talks to ease US tariffs on Japanese goods, with no agreement reached yet. flag Talks have seen progress but no consensus on removing tariffs, which include a 10% baseline rate and higher levies on cars, steel, and aluminum. flag Japan aims to seal a deal before the G7 summit in June, with Prime Minister Shigeru Ishiba and President Trump planning bilateral talks. flag Japan's economy, the world's fourth-largest, shrank 0.2% in Q1, increasing pressure on Ishiba ahead of July's upper house elections.

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