President Trump Eyes August for a U.S.-Japan Deal on Trade
- Trump has threatened tariffs on Japan’s lucrative auto exports
- Japan denies leaders reached any agreement on August deal
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U.S. President Donald Trump said he may announce something on a U.S.-Japan trade agreement in August, hinting he will push for results well in advance of the six-month deadline he laid out earlier this month.
A senior official in Japanese Prime Minister Shinzo Abe’s administration told reporters the two leaders had reached no such agreement on timing during their summit in Tokyo Monday, which followed Trump’s threat to raise tariffs on the approximately $50 billion worth of cars and auto parts Japan exported to the U.S. annually.