Summary: US President Trump and Japanese Prime Minister Ishiba failed to reach a trade agreement at the G-7 summit. The failure to reach a deal, particularly on auto tariffs, raises questions about Ishiba’s effectiveness ahead of Japan’s upper house election. Japan, heavily reliant on its auto industry, faces significant economic impact from US tariffs, impacting both major automakers and the broader economy.

Link: https://www.theedgesingapore.com/news/global-economy/trump-ishiba-fail-reach-trade-deal-g-7-summit