Your current location is:{Current column} >>Text
Trump and Shigeru Ishiba to meet next week; Japan may make concessions to ease trade tensions.
{Current column}75856People have watched
IntroductionOn January 31, US President Trump announced that he will hold talks with incoming Japanese Prime Min ...
On January 31,Are there regular foreign exchange platforms in China? US President Trump announced that he will hold talks with incoming Japanese Prime Minister Shigeru Ishiba next week. According to informed sources, the Japanese government plans to make certain concessions in areas such as energy and defense to avoid new trade friction with the United States.
Meeting Scheduled for February 7, Japan Seeks to Ease Trade Tensions
According to Reuters, the meeting is expected to take place at the White House on February 7 (Friday). Trump told reporters in the Oval Office, “They will come to talk with me, and I look forward to it.”
Informed sources revealed that Ishiba hopes to establish a closer personal relationship during Trump's second term and plans to emphasize the jobs created by Japanese companies in the United States during the talks, while also committing to increasing Japan’s defense budget to demonstrate support for the US.
Japan Considers Supporting US Gas Pipeline Project
To further ease US-Japan trade relations, Japan is considering supporting a $44 billion gas pipeline located in Alaska. Sources say that while the Japanese government holds reservations about the feasibility of the project, Japan might agree to further discussions due to Trump's emphasis on the pipeline's importance to the US economy and national security, showing a willingness to cooperate.
Additionally, Japan might make more economic concessions, including increasing US gas purchases, raising defense spending, and expanding manufacturing investments in the US, to reduce its approximately $56 billion trade surplus with the US and avoid additional tariffs.
Trump Pressuring Global Companies to Invest in the US
The Trump administration has been advocating for the return of manufacturing and has repeatedly threatened to impose tariffs on foreign companies. On January 23, during a video speech at the World Economic Forum 2025 Annual Meeting, Trump reiterated that companies not producing products in the US would face “hundreds of billions or even trillions of dollars” in tariffs. He emphasized that the US wants global companies to shift production to the US, or else face varying tariffs, generating significant revenue for the US Treasury.
As the Trump administration’s stance on trade policy becomes increasingly assertive, Japan is likely to further seek consensus with the US in this meeting to reduce future trade conflict risks.
Risk Warning and DisclaimerThe market carries risks, and investment should be cautious. This article does not constitute personal investment advice and has not taken into account individual users' specific investment goals, financial situations, or needs. Users should consider whether any opinions, viewpoints, or conclusions in this article are suitable for their particular circumstances. Investing based on this is at one's own responsibility.
Tags:
Related articles
Lebanon's GDP may fall 9% due to the conflict, and the UN urges more aid.
{Current column}According to the latest report from the United Nations Development Programme (UNDP), Lebanon is expe ...
Read moreGlobal copper hits record high, surpassing $9,000/ton! Supply
{Current column}Recently, global copper prices have soared once again, breaking through the key $9,000 per ton mark ...
Read moreToday's market focus: China lifts all foreign investment restrictions in manufacturing.
{Current column}Market ReviewKey NewsChina Market1. Continuous Rebound in the Heat of China's EconomyData from ...
Read more
Popular Articles
- Israel kills Hamas leader, gold prices hit historical highs due to geopolitical risks.
- Today's Market Focus: U.S. Debt Interest Surges 87% Year
- Significant Increase in Green Loans by Chinese Financial Institutions in 2023
- Today's Market: U.S. September CPI rebounded for the third consecutive month year
- China's steel exports are set to stay high in 2025, heightening global trade friction risks.
- Today's market focus: U.S. September nonfarm payrolls had the largest increase this year.
Latest articles
-
Lebanon's GDP may fall 9% due to the conflict, and the UN urges more aid.
-
G7 targets China? Yellen says they will study the effects of China's overproduction.
-
Today's Market Focus: Powell says he will not hesitate to raise interest rates if necessary
-
Today's Market Focus: U.S. Debt Interest Surges 87% Year
-
Huawei HarmonyOS Night scheduled, Mate 70 mass
-
Breaking News! The US House of Representatives passes a controversial bill targeting TikTok