<ul data-eligibleForWebStory="true">Japan is seeking a written agreement from the US to be exempt from additional tariff hikes on sectors like autos.Japan and the US held trade talks ahead of the G-7 summit in Canada.Ryosei Akazawa, Japan’s top trade negotiator, met with US officials for discussions.Japan wants an agreement to avoid additional tariffs on auto imports from the US.Trump suggested raising auto tariffs further, posing challenges for Japanese automakers.Japanese car manufacturers anticipate a significant profit impact due to existing levies.The US administration proposed approval for Nippon Steel Corp.’s purchase of US Steel Corp.Trade progress is seen as a positive sign for US-Japan relations and potential investments.No deadline extension was discussed for imposing reciprocal tariffs in recent talks.Uncertainty remains on the timing of a US-Japan trade deal announcement at the G-7 summit.