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Akazawa, said trade agreement between the US & Japan is not a legally binding commitment

by Investor News Today
August 4, 2025
in Investing
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Japan’s finance minister rules out sales tax cuts despite election setback
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Japan’s chief commerce negotiator, Ryosei Akazawa, mentioned the lately introduced commerce settlement between the USA and Japan is just not a legally binding dedication, casting doubt on the scope and enforceability of the deal.

In remarks that might cool optimism across the settlement, Akazawa urged warning, stating that not all feedback from U.S. officers concerning the talks needs to be taken at face worth. The feedback recommend lingering uncertainty over the specifics of the deal and underline the potential hole between political bulletins and formal commerce commitments.

The clarification comes as each international locations search to stabilise financial ties amid broader shifts in world commerce dynamics. Nonetheless, Akazawa’s feedback trace at ongoing negotiation hurdles and spotlight Japan’s intent to handle expectations because the talks progress.



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