Trump is making bold demands to open Japanese markets, backing them with threats of across-the-board and sectoral tariffs. His counterpart, Ishiba, leads a minority government facing significant political challenges and weak polling numbers heading into crucial Upper House elections this week.

Major Pacific countries told by the US to prepare for conflict as regional tensions continue to rise over threat to Taiwan

The dollar rebounded broadly on Thursday following a turbulent session on Wednesday when U.S. President Donald Trump denied reports that he was planning to fire Federal Reserve Chair Jerome Powell. The dollar has rallied this month in what analysts say is largely consolidation following a sharp selloff for most of this year.

President Donald Trump sent out letters to nations that haven't entered into trade agreements with the U.S., informing them of their new tariff rates.

US President Donald Trump attacked the car trade imbalance between the US and Japan again on Sunday, days ahead of a scheduled visit by Treasury Secretary Scott Bessent to the Asian country that could apply further pressure to the minority government.

Anele Mdoda was in stitches after reading a headline about Donald Trump forgetting the name of the Japanese Prime Minister and referring to him as Mr. Japan.

The Trump administration is stepping up pressure on trading partners to quickly make new deals before a Wednesday deadline, with plans for the United States to start sending letters Monday warning countries that higher tariffs could kick in Aug.

Indonesia also has agreed to purchase billions in U.S. energy, agriculture products and airplanes, Trump said July 15 in a social media post.