According to reports on the US Fortune magazine website on April 15 cited by China International Broadcasting Network, the White House hopes to urge trade partners to quickly complete negotiations with "shock" tariffs. However, it seems that the conditions set by the United States are not enough to arouse sufficient interest among trade partners who have already started contact.

The report stated that since Trump announced the imposition of "reciprocal tariffs", the US government claimed that the leaders of various economies eager to reach a trade agreement have shown "increased interest". In fact, more than two weeks have passed, and the US has still not signed any agreements with any trade partners. Now, the pressure for the US to at least reach one agreement is increasing.

Fortune Magazine screenshot (Source: China International Broadcasting Network)

For this reason, US Treasury Secretary Basant began promoting the so-called "advantage of being a pioneer" in front of the media recently. He said, "Allies who act quickly will have an 'advantage', and usually the first to reach an agreement will get the best deal."

However, the Fortune magazine website mentioned that professionals' research suggests that in a more uncertain environment, those who react fastest may actually receive fewer benefits.

In addition, according to Global Times citing Bloomberg News on April 15, whether Trump can reach tariff agreements with numerous countries will be tested by Japan. Japan is one of the first countries to hold formal tariff negotiations with the US, which will test whether Trump is really willing to reach tariff agreements with other countries.

On April 15, the Japanese Diet approved the schedule for Economic Revitalization Minister Akira Akazawa to negotiate tariffs with the US from April 16 to 18. This means that Japan will become one of the first countries to negotiate tariffs with the US after President Trump launched the "tariff war" globally.

The day before, Prime Minister Shigeru Ishiba publicly stated in the Diet that Japan is not prepared to make major concessions in the tariff negotiations with the US and is not急于reaching an agreement. He said, "I do not agree that constantly compromising and quickly concluding the negotiation is a good approach." He also said that hasty decisions should be avoided, as "rushing often leads to failure."

Shigeru Ishiba's profile picture (Source: Xinhua News Agency)

Meanwhile, Kyodo News reported that Shigeru Ishiba ruled out the possibility of retaliating against US products with additional tariffs. He said, "In view of the high prices of food and energy, I do not think adopting retaliatory tariffs serves the interests of Japan and its people."

On the 15th, the Japanese side announced that Google violated Japan's Anti-Monopoly Law, issuing the first administrative termination order to a large American company. Many analysts believe that Japan has often been in a subordinate and disadvantaged position in Sino-US relations and negotiations. This time, Japan's tough response signals that the confrontation between Japan, some allies, and the US over tariff issues will become even more intense.

According to Japanese media reports, Japan and the US will begin trade negotiations in Washington on April 17. The topics of the negotiations are expected to include tariffs, non-tariff barriers, and exchange rates.

Amazing News Comprehensive China International Broadcasting Network, Global Times

(Source: Amazing News)

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