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Fortune

Lionel Lim

Trump touts ‘big progress’ in talks with Japan, one of the first countries trying to get a tariff reprieve

Donald Trump Japan Trade Ryosei Akazawa Shigeru Ishiba United States

(Credit: Win McNamee—Getty Images)

Negotiations between Japan and the U.S. are underway in Washington, in the first real test of whether U.S. President Donald Trump’s “Liberation Day” tariffs will lead to new trade deals.

Trump, posting on social media on Wednesday, seems happy with talks so far. “A Great Honor to have just met with the Japanese Delegation on Trade. Big Progress!” he wrote in a post on Truth Social.

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