December 30, 2024 16:09 GMT
US-JAPAN: Ishiba To Meet Trump In Washington As Soon As February
US-JAPAN
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Nikkei reporting that Japanese Prime Minister Shigeru Ishiba is "preparing to visit Washington for a meeting with Donald Trump as soon as February" following Trump's inauguration on January 20, adding that "Tokyo has conveyed its intention to meet with the incoming U.S. leader in February or later and is coordinating with Trump's camp."
- The report comes amid concerns in Tokyo that Trump's tariff plans could hit Japanese automakers with operations in Mexico. An official from a major Japanese automaker said: "The tariffs, if imposed, will have a big impact. We need to monitor the situation closely," per the Japan Times.
- JT reported this week: "The proposed tariffs and the review of the trade agreement are expected to have significant repercussions for Japanese automakers. Toyota, Honda and Nissan all operate manufacturing plants in Mexico."
- The Guardian notes that former Japanese Prime Minister Shinzo Abe, "was famously first through the [Trump's] door" in 2016 "embed[ing] Japan as one of Trump’s best allies", but Ishiba’s hand may be weakened after his Liberal Democratic party recently lost its parliamentary majority for only the third time since 1955.
- Bloomberg notes: "Trump has long bristled over Japanese trade surpluses with the US, even after the treaty ally dropped out of the top five (China, Mexico and Vietnam now make up the top three economies with surpluses.)"
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