LDP tax chief calls U.S. tariff situation 'messy'

Itsunori Onodera, a heavyweight in Japan's ruling Liberal Democratic Party, described the U.S. tariff situation as 'a real mess.' This came after President Donald Trump raised tariffs in response to a Supreme Court ruling that his previous tariffs were illegal. Onodera ruled out Japan seeking to renegotiate its trade deal with the U.S.

Itsunori Onodera, a former defense minister and current chair of the Liberal Democratic Party's tax research group, commented on U.S. tariffs during a live broadcast on Fuji TV on Sunday. 'To be very frank, it's a real mess,' Onodera said, referring to President Donald Trump's decision to hike levies following a Supreme Court ruling that deemed his previous tariffs illegal.

Onodera dismissed the idea of Japan pursuing a renegotiation of its trade deal with the U.S. He noted that the core of last year's trade negotiations focused on lowering tariffs on autos, which represent Japan's largest export sector and a key source of jobs and investment.

Keywords associated with the story include Itsunori Onodera, U.S., tariffs, U.S.-Japan relations, Japanese economy, Donald Trump, and LDP. The remarks highlight ongoing complexities in bilateral ties amid concerns for Japan's economy. This was reported on February 22, 2026.

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Japanese Minister Ryosei Akazawa shakes hands with U.S. Commerce Secretary Howard Lutnick during tariff exemption talks in Washington.
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Japan requests tariff exemption in Akazawa-Lutnick meeting

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Japan's Economy, Trade and Industry Minister Ryosei Akazawa met U.S. Commerce Secretary Howard Lutnick in Washington on March 7 to request exemption from new Trump tariffs and advance $550 billion investments, following his departure earlier this week. The talks precede Prime Minister Sanae Takaichi's March 19 visit.

Japan and other Asian trading partners are evaluating the fallout from U.S. President Donald Trump's new 15% global tariff, imposed under a different law hours after the Supreme Court invalidated his prior levies, as part of broader international reactions including Europe's coordinated response.

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In the wake of the Liberal Democratic Party's landslide victory in Japan's 2026 Lower House election, the United States will ramp up security and economic cooperation with ally Japan. President Donald Trump and Prime Minister Sanae Takaichi are set to formalize alliance enhancements at their March 19 Washington summit, building on Trump's recent pre-election endorsement of her leadership.

Following the US Supreme Court's ruling invalidating President Trump's reciprocal tariffs, South Korea's government stated it will continue 'amicable' consultations with the United States to protect favorable export conditions secured under their bilateral trade deal. Industry Minister Kim Jung-kwan pledged ongoing support for local businesses to enhance global competitiveness. Trump announced a new 15 percent global tariff in response.

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Japan's ruling Liberal Democratic Party (LDP) achieved a landslide victory in the general election by attracting supporters from a far-right party, which an expert suggests could foster deeper cooperation between Seoul and Tokyo. Led by Prime Minister Sanae Takaichi, the LDP secured 316 seats in the lower house, more than doubling its previous 198. Yet concerns persist over historical grievances and a potential hard-line security agenda.

In a 6-3 decision, the US Supreme Court has struck down President Donald Trump's sweeping global tariffs imposed under the International Emergency Economic Powers Act, citing lack of congressional authorization. The ruling triggered a relief rally in financial markets, including a brief spike in Bitcoin to $68,000, though gains faded amid ongoing uncertainties. President Trump responded by announcing a new 10% global tariff under Section 122.

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Trade Minister Yeo Han-koo stated upon returning from a weeklong US trip on February 5, 2026, that South Korea will continue close consultations with the United States to avert a tariff hike threatened by President Donald Trump. The move follows Trump's surprise announcement to raise reciprocal tariffs and auto duties on Korea to 25 percent, citing delays in Seoul's legislative process for their bilateral trade deal. Yeo highlighted ongoing efforts to legislate a special bill and address non-tariff issues.

 

 

 

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