In a recent Truth Social post, U.S. President Donald Trump highlighted that countries worldwide are engaged with the U.S. and "tough but fair" parameters are being set for future agreements. He specifically mentioned a conversation with Japanese Prime Minister Shigeru Ishiba, revealing that Japan will send a top team to the negotiating table.
Trump criticized Japan's trade practices, claiming they have treated the U.S. unfairly. He particularly mentioned the automotive sector, where Japan exports millions of cars to the U.S. but restricts American car imports. He also addressed issues in agriculture and other sectors. Trump made it clear that these trade imbalances must be addressed, including China.
Meanwhile, Asia-Pacific stocks tumbled drastically on Monday, with markets in Shanghai, Hong Kong, and Tokyo suffering losses not seen in decades. Analysts linked the downturn to Trump's tariffs, which heavily impact manufacturing hubs and key export markets, including Japan and South Korea.
