Japan’s top trade negotiator cancelled a last-minute trip to the US.

By Aniket Chakraborty Aug 29, 2025 Arrow WORLD NEWS

The visit was meant to finalise a $550 billion investment package.

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In return, Washington had agreed to cut tariffs on Japanese imports to 15%.

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But President Trump insisted the US would keep 90% of profits.

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Japan pushed back, saying the deal must ensure mutual benefits.

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Tokyo demanded amendments to Trump’s tariff order before signing.

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Japan also urged tariff cuts on auto parts in any new order.

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US Commerce Secretary had hinted at an announcement this week.

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Reports suggest the negotiator could reschedule for next week.

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The standoff comes just ahead of PM Modi’s August 29–30 Japan visit.

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