Japan could buy more US products such as LNG to offset possible tariffs, but analysts say the chances of a full exemption seem unlikely.
Japan is seeking exemption from U.S. tariffs, with analysts doubting a full exemption but viewing the request as a potential precedent for how the U.S. treats allies. Japanese Foreign Minister Takeshi Iwaya raised the issue with U.S. Secretary of State Marco Rubio at the Munich Security Conference, emphasizing Japan's trade surplus and the yen's weakness. The request comes amid U.S. plans to impose reciprocal tariffs, raising concerns about global trade dynamics.
