Japan's Kishida Vows No Sacrifice of Rice for Auto Tariff Concessions

Generated by AI AgentWord on the Street
Sunday, May 11, 2025 10:07 pm ET1min read

Japanese Prime Minister Fumio Kishida has made it clear that Japan will not sacrifice its agricultural sector, particularly rice, in exchange for concessions on automobile tariffs during trade negotiations with the United States. During a recent parliamentary session, Kishida emphasized that Japan will not accept a trade agreement with the U.S. that does not include provisions for the automotive industry. He also stated that Japan is seeking complete exemption from all tariffs imposed by the U.S.

Kishida's remarks highlight Japan's commitment to protecting its domestic agricultural sector, which has long been a sensitive issue in trade negotiations. He acknowledged that increasing imports of American rice could be an option, but only if it does not compromise Japan's agricultural interests. This firm position underscores Japan's determination to safeguard its key industries while pursuing fair and

trade agreements.

The Prime Minister also addressed the recent agreement between the United States and the United Kingdom on a 10% tariff on automobiles, stating that while this agreement serves as a model, Japan's goal is the complete removal of tariffs. He emphasized that Japan will not compromise on national security, regardless of U.S. criticisms, and that the issues of automobiles, aerospace components, and

are separate matters.

Kishida's stance reflects a broader strategy to safeguard Japan's national interests. He indicated that Japan will not rush to reach an agreement with the United States, even as the deadline for suspending retaliatory tariffs approaches. Instead, Japan will continue to negotiate until it secures terms that are beneficial to the country. This approach underscores Japan's determination to protect its key industries, including agriculture and automotive manufacturing, while pursuing fair and equitable trade agreements.

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