According to a report from Reuters on April 14, Japanese Prime Minister Shinzo Abe expressed on the same day that the tariff policy of the United States could disrupt the global economic order. This is considered as the strongest warning sent by Japan to U.S. President Donald Trump so far.
Abe made this statement during parliamentary debates. Abe stated: "I am fully aware that what has happened so far may disrupt the global economic order." According to reports from Japanese TBS News, in response to a question raised by Yoshihiko Noda, the leader of the Democratic Party of Japan, regarding "the U.S. violating the Japan-U.S. Trade Agreement," Abe responded: "We are seriously concerned about this. At the same time, we will consider how best to serve our national interests and how best to serve the interests of the world."
However, Abe also expressed that Japan will seek common ground with the United States on cooperation in trade, national security, and other issues. In addition, Abe opposed retaliatory tariffs against the United States and stated: "At present, we do not believe this serves Japan's interests."
Regarding the issue that had been widely discussed domestically in Japan about the government planning to increase supplementary budgets to distribute cash to citizens or cut taxes, Abe stated that the government currently does not consider this, but is also prepared to take timely action to mitigate the impact of U.S. tariffs on the economy.
The Japan Broadcasting Corporation (NHK) previously reported that Japan and the United States would hold separate negotiations on tariffs, non-tariff barriers, and exchange rates on Thursday, the 17th. Finance Minister Taro Aso stated: "Both Japan and the United States believe that excessive market fluctuations can have adverse effects on the economy."
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Original source: https://www.toutiao.com/article/7493069238480749093/
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