Japan views President Trump's tariffs as a "national crisis", threatening its already weak economy and vital export market in the US. Prime Minister Ishiba faces pressure due to the tariffs and upcoming elections. Japan's negotiating leverage is limited due to its smaller economy and dependence on US markets and resources. However, Japan has options, such as increasing US agricultural and LNG imports, and leveraging its roles in CPTPP and RCEP trade blocs, drawing on its extensive experience navigating shifts in US policy.

Prepared by Rachel Morgan and reviewed by editorial team.