Japan looks set to get priority in US tariff talks, moving to the front of a long line of countries seeking to roll back President Donald Trump’s so-called reciprocal duties.
Treasury Secretary Scott Bessent expects Japan to get priority among trading partners for coming forward quickly.
Japanese Prime Minister Shigeru Ishiba expressed concerns over the impact of US tariffs on Japan's auto industry.
Shares in Japan jumped on optimism that the duties might be eased back.