Japan's exports rose for a fourth consecutive month in January led by auto shipments to the United States, but if U.S. President Donald Trump goes through with a plan to impose hefty car tariffs, a sharp drop-off is likely.

Japan made the request through its embassy in Washington after U.S. President Donald Trump removed the exceptions and exemptions from his 2018 tariffs on steel imports to a minimum of 25%, while hiking aluminum tariffs to 25% from 10%.

Japan's trade minister is arranging a visit to the United States in coming weeks to seek exemptions from President Donald Trump's tariffs, local media said Thursday.

With Donald Trump targeting a trimming of the US’ deficit in its trade with Japan, tariffs against Tokyo cannot be discounted, analysts say.

Japan has raised the issue of auto tariffs with the US after President Donald Trump threatened to impose a 25% levy on car imports, a move that likely would deliver a big blow to Japan’s economy.

Japan made the request through its embassy in Washington after U.S. President Donald Trump removed the exceptions and exemptions from his 2018 tariffs on steel imports to a minimum of 25%, while hiking aluminum tariffs to 25% from 10%.

Japanese Prime Minister Ishiba Shigeru (center) walks with U.S. President Donald Trump (right) during a visit to the White House, Feb. 7, 2025. Credit: Prime Minister’s Office of Japan Japanese Prime Minister Ishiba Shigeru’s first meeting with U.

The Bank of Japan may raise interest rates in March if U.S. President Donald Trump pushes through on his tariff threats and adds to already mounting domestic inflationary pressures, former central bank board member Sayuri Shirai said on Friday.

Asian shares traded mostly higher Monday as investors continued to watch economic data and policy moves from President Donald Trump, as both are likely to impact upcoming global central bank moves. Japan's benchmark Nikkei 225 rose in early trading after the Cabinet Office reported that the economy grew at a better-than-expected annual rate of 2.

U.S. President Donald Trump and China's President Xi Jinping shake hands ahead of their bilateral meeting during the G20 leaders summit in Osaka, Japan, June 29, 2019. REUTERS/Kevin Lamarque/File Photo WASHINGTON (Reuters) -U.

Japan began talks with the US to find out the details of President Donald Trump’s planned reciprocal tariff measures, as the Asian nation braces for potential fallout.

Japan has already initiated communication with the United States following President Donald Trump's order on formulating plans for tariff proposal, a government spokesperson said on Friday.