Japanese Prime Minister Shigeru Ishiba fired back at the U.S. this weekend, calling new 25% tariffs on auto parts "strongly disappointing" in a move that’s rattling global trade talks. 🚗💥 The tariffs, targeting engines and transmissions, hit Japan’s auto industry just weeks after similar duties on cars took effect in April.
"We’ll keep urging the U.S. to rethink this," Ishiba told reporters, as negotiations hit a roadblock. U.S. officials reportedly refused to drop tariffs on cars, steel, and aluminum during talks last week, pushing instead for "reciprocal" trade terms. 🔄 Japan’s top negotiator, Ryosei Akazawa, stressed: "No deal until *all* tariffs are reviewed." 💼
With Japan’s car industry—a global powerhouse—caught in the crossfire, trade tensions could stall innovation and hike prices worldwide. 🌏🔧 Will these tariffs spark a chain reaction? Stay tuned as talks gear up… or grind to a halt.
