Japan, Trump and tariff
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Trump says Japan will invest $550 billion in US at his direction. It may not be a sure thing
President Donald Trump is bragging that Japan has given him, as part of a new trade framework, $550 billion to invest in the United States.
Trump said the U.S. may send out tariff rebate checks, though lowering the national debt would take precedence.
The right-wing populist party Sanseito made big strides in parliamentary elections in Japan, capitalizing on concerns about the economy, immigration and overtourism.
On his own terms, it could now be said that the aggressive approach by the US President is yielding tangible results.
Japan's top tariff negotiator, Ryosei Akazawa, met with U.S. President Donald Trump at the White House on Tuesday, the Asahi newspaper reported on Wednesday.
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Japan could be in a weaker position in trade talks after Ishiba's upper house defeat, experts say
Japan's embattled prime minister Shigeru Ishiba, fresh off a crushing defeat in upper house elections over the weekend, will not be in a position of strength to negotiate a favorable trade deal with the U.S., analysts said.
The Japanese government, not companies, is poised to back U.S. infrastructure projects of the president’s choosing.
Japanese Prime Minister Shigeru Ishiba is planning to decide on his future after assessing progress in tariff negotiations with the United States, Yomiuri newspaper reported on Wednesday.