The levies "can be called a national crisis and the government is doing its best with all parties" to lessen the impact, Ishiba was quoted by media reports as telling Parliament. He called for a ‘calm-headed’ approach to talks with Washington.
Japanese government spokesman Yoshimasa Hayashi reiterated that Trump's sweeping new tariffs are ‘extremely regrettable’ and that Japan has ‘serious concerns’ about whether they comply with World Trade Organization (WTO) rules and US-Japan trade pacts.
The Prime Minister yesterday told his ministers to closely study the tariffs and “to take all measures necessary including financing support” for domestic industries and protecting employment, Hayashi said.
"As it is necessary for all parties including the opposition bloc to study and take measures, Prime Minister Ishiba will meet with each of the party leaders and listen to their opinions" later in the day, he said today.
Ishiba has instructed his ministers to "continue strongly demanding the United States to review" the tariff measures, Hayashi added.
ALCHEMPro News Desk (DS)
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