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Japan's Economic Revitalization Minister Ryosei Akazawa speaks to the press upon his arrival at Haneda Airport, a day after ministerial talks on tariffs, with U.S. President Donald Trump joining the negotiators, in Tokyo, Japan, April 18, 2025. Issei Kato
Japan's Economic Revitalization Minister Ryosei Akazawa speaks to the press upon his arrival at Haneda Airport, a day after ministerial talks on tariffs, with U.S. President Donald Trump joining the negotiators, in Tokyo, Japan, April 18, 2025. Issei Kato
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Japan says US trade deal not settled, awaits pharma, chip orders

September 6th, 2025 | 07:30 AM BUSINESS 1

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By Reuters

Japan's broad trade agreement with the United States is "not settled," as Washington has not issued expected presidential orders on tariffs for pharmaceuticals and semiconductors, Tokyo's top tariff negotiator said on Saturday.

"While a presidential order has been issued concerning adjustments to general tariffs as well as automobile and auto parts tariffs, presidential orders for most-favoured-nation status for pharmaceuticals and semiconductors have not been issued," Ryosei Akazawa told reporters after returning from talks in Washington.

"Therefore, it cannot be said that this is settled," said Akazawa, Japan's minister for economic policy, adding that Tokyo would continue to press for the remaining orders.

Akazawa said Japan would begin a full analysis of the economic impact of the U.S. auto tariff changes and how Japan's competitive trade conditions compare to other countries.

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