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Japan's trade minister Ryosei Akazawa spoke with U.S. Secretary of Commerce Howard Lutnick on Monday.
Japanese trade minister Akazawa requested favorable treatment under the new U.S. tariff regime.
KEY POINTS
- Akazawa and U.S. Commerce Secretary Lutnick agreed to uphold last year's trade agreement.
- The 2023 agreement reduced tariffs on autos and other goods to 15%.
- Japan committed to a $550 billion loans and investment package into the U.S. under the deal.
COMPANIES
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