United States President Donald Trump and Japanese Prime Minister Shigeru Ishiba have agreed to initiate formal negotiations on tariffs following a phone conversation on Monday. The call comes after the U.S. recently imposed a 20% reciprocal tariff on Japanese goods, intensifying trade tensions between the two countries.

According to reports, the conversation focused on establishing the framework for future trade negotiations rather than presenting new proposals. Prime Minister Ishiba stated that while no new initiatives were raised during the call, both sides agreed to delegate negotiations to their respective ministers.

Speaking to reporters after the discussion, Ishiba acknowledged the seriousness of the tariffs, calling them a “national crisis” and “extremely unfortunate.” He reiterated his readiness to visit Washington when the “timing is appropriate,” should direct discussions with President Trump be necessary.

President Trump confirmed the discussion on his Truth Social account, announcing that Japan will be “sending a top team to negotiate.” He further remarked that Japan had treated the United States “very poorly on Trade,” emphasizing his administration’s determination to reset global trade terms. Trump also reassured the American public in light of recent market volatility, stating that “countries from all over the World are talking to us.”

The 24% tariff on Japanese goods is set to take effect on April 9. Trump’s move has drawn sharp responses from Tokyo, prompting urgency in launching bilateral talks to manage the economic impact and prevent further escalation.

This new round of dialogue signals a shift toward diplomacy, despite the tough rhetoric and economic pressures. As Japan prepares to send negotiators and the U.S. maintains its assertive trade stance, the outcome of these discussions could shape the future of bilateral economic relations and broader trade dynamics in the Asia-Pacific region.