The new U.S. ambassador to Japan arrived in Tokyo on Friday and said he is optimistic that his country and its key Asian ally will reach a deal in their ongoing tariff negotiations. George Glass, a prominent businessperson known for his background in finance,

The US and Japan kicked off tariff negotiations with an aim to reach a deal as soon as possible but did not discuss currency issues, Japan’s top negotiator Ryosei Akazawa said.

Japan is considering increasing its soybean and rice imports as a concession in trade negotiations with the U.S. over President Donald Trump's sweeping tariffs, Japan's Yomiuri daily reported on Saturday.