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Japan's Finance Minister Katsunobu Kato speaks during an interview with Reuters at the Finance Ministry in Tokyo, Japan April 17, 2025.  Issei Kato
Japan's Finance Minister Katsunobu Kato speaks during an interview with Reuters at the Finance Ministry in Tokyo, Japan April 17, 2025. Issei Kato
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Japan will carefully consider measures to pressure Russia, finance minister says

September 16th, 2025 | 02:56 AM MARKETS Currencies 1

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By Reuters

Japan's Finance Minister Katsunobu Kato said on Tuesday the government will carefully consider what measures would be most effective in pressuring Russia, while noting challenges in imposing higher tariffs on countries buying Russian oil.

His comments come after the U.S. urged the Group of Seven nations on Friday to impose tariffs on buyers of Russian oil during a call with G7 finance ministers as they discussed further sanctions on Russia.

"It's important that Japan thoroughly consider what measures would be most effective and coordinate with other G7 countries," Kato said in a regular press conference.

However, Kato said it would be difficult to impose higher tariffs on specific countries just for their purchases of Russian oil, as long as they comply with the World Trade Organization rules.

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