Japan Reviews Car Safety Standards to Facilitate US Trade Deal Negotiations

Japan’s trade negotiations with the United States are driving a review of its car safety standards. This move aims to address non-tariff barriers and boost trade, impacting sectors like Mazda, which saw its shares decline by 4%. The policy focus remains on automotive aspects, with minimal impact on cryptocurrency markets. While Japan emphasizes separating security from trade, the US focuses on minimizing trade imbalances, creating a stark contrast in diplomatic approaches.