Global economic stability and the adherence to international trade regulations were central themes discussed by finance leaders during a recent virtual summit. Japan's Finance Minister Katsunobu Kato expressed disappointment over new U.S. tariffs, emphasizing the necessity for predictable industrial policies aligned with global standards. During an online meeting hosted by Canada, Kato underscored that any decision affecting international commerce must respect established rules, advocating for a stable economic environment.

Concerns about the impact of protectionist measures on global markets have been raised as part of broader discussions among G7 nations. Highlighting the significance of fostering a free and open international economic framework, Kato suggested that the group would play a leading role in upholding these principles. This stance indirectly addresses the "America First" policies pursued by U.S. President Donald Trump, which have introduced significant tariffs on various imports, including steel and aluminum, prompting retaliatory actions from major trading partners worldwide.

As international trade dynamics evolve, there is a growing need for dialogue between affected nations to mitigate potential economic disruptions. In response to these developments, Japan plans to engage in constructive negotiations with the United States to address concerns regarding both metal and automotive industries. Such engagements reflect a commitment to resolving disputes through collaboration and maintaining a balanced global economy, reinforcing the importance of mutual understanding and shared responsibility in safeguarding international trade relations.