TOKYO - Japanese Prime Minister Shigeru Ishiba has stated that Japan will not rush into an agreement in the upcoming trade talks with the United States regarding the tariff measures.

During a session of the House of Representatives Budget Committee on Monday, Ishiba emphasized the importance of achieving a result that aligns with Japan's national interests based on detailed analysis.

The discussion in parliament centered on the recent tariff actions taken by the US, which are set to incur significant negative impacts on Japanese exports.

READ MORE: Japan's prime minister speaks with US president by phone over tariffs

The Japanese government is preparing for bilateral negotiations set to begin this week.

Among the series of tariff measures introduced by the US, the one that has raised the greatest concern for Japan is the tariff on automobiles.

In 2024, Japan's automobile exports to the US made up 28.3 percent of its total exports to the country.

According to the Japan Automobile Manufacturers Association, approximately 1.37 million vehicles were exported to the US in 2024.

READ MORE: PM Ishiba to talk with Trump as Japan’s Nikkei enters bear market

Due to the extensive connections of the automobile industry with various sectors, related industries in Japan, such as steel and distribution, will also be severely affected.