financetom
Business
financetom
/
Business
/
Japan trade negotiator Akazawa cancels US visit, Kyodo reports
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Japan trade negotiator Akazawa cancels US visit, Kyodo reports
Aug 27, 2025 6:12 PM

TOKYO (Reuters) -Japan's top trade negotiator Ryosei Akazawa canceled a planned visit to the United States as there are some points that need to be addressed at a working level before ministerial talks, Kyodo news agency reported on Thursday.

Akazawa initially planned to visit the U.S. on Thursday to craft a written confirmation of the financial details of the $550 billion U.S.-bound investment package, such as the split of returns between the U.S. and Japan.

U.S. Commerce Secretary Howard Lutnick has also said there would be an announcement this week on Japan's $550 billion investment.

Washington and Tokyo agreed in July to set a reduced 15% tariff on imports from Japan in exchange for the package of U.S.-bound investment through government-backed loans and guarantees, but details of its contents remain obscure.

Japanese officials have repeatedly said they would rather have an amended presidential executive order first to remove overlapping tariffs on Japanese goods before releasing a joint document on the investment details.

The United States has agreed to amend the July 31 presidential order to ensure that a 15% levy agreed last month on Japanese imports was not stacked on goods, such as beef, that are subject to higher tariffs.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Porch Group Increases Charges in Inspection Software Business
Porch Group Increases Charges in Inspection Software Business
Apr 9, 2024
05:49 PM EDT, 04/09/2024 (MT Newswires) -- Porch Group ( PRCH ) said Tuesday its Inspection Support Network, a software-as-a-service, raised its minimum monthly fee and transaction fees by 20%. The company said the increase comes as the network rolled out new products and released over 20 feature enhancements. ...
Uipath Insider Sold Shares Worth $1,212,778, According to a Recent SEC Filing
Uipath Insider Sold Shares Worth $1,212,778, According to a Recent SEC Filing
Apr 9, 2024
05:53 PM EDT, 04/09/2024 (MT Newswires) -- Ashim Gupta, Chief Financial Officer, on April 04, 2024, sold 56,000 shares in Uipath ( PATH ) for $1,212,778. Following the Form 4 filing with the SEC, Gupta has control over a total of 732,267 shares of the company, with 660,762 shares held directly and 71,505 controlled indirectly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1734722/000156218024003362/xslF345X03/primarydocument.xml Price: 21.79,...
Ncino Insider Sold Shares Worth $516,829, According to a Recent SEC Filing
Ncino Insider Sold Shares Worth $516,829, According to a Recent SEC Filing
Apr 9, 2024
05:46 PM EDT, 04/09/2024 (MT Newswires) -- William J Ruh, Director, on April 05, 2024, sold 15,000 shares in Ncino ( NCNO ) for $516,829. Following the Form 4 filing with the SEC, Ruh has control over a total of 274,867 shares of the company, with 23,666 shares held directly and 251,201 controlled indirectly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1902733/000190273324000080/xslF345X03/wk-form4_1712698809.xml Price: 35.31, Change:...
Turtle Beach Expands Share Repurchase Program, Shelves Tender Offer Plan; Stock Falls After-Hours
Turtle Beach Expands Share Repurchase Program, Shelves Tender Offer Plan; Stock Falls After-Hours
Apr 9, 2024
05:51 PM EDT, 04/09/2024 (MT Newswires) -- Turtle Beach ( HEAR ) said late Tuesday its board has decided to increase its share repurchase program by $30 million while shelving its plans to launch a tender offer for up to $30 million of its shares. The gaming accessory maker said the move was due to the overwhelmingly positive reaction to...
Copyright 2023-2026 - www.financetom.com All Rights Reserved