Japan pM Ishiba, after Meeting Trump, Voices Optimism Over Averting
Ishiba states no talk with Trump on car tariffs at top
Trump acknowledges Japan's US substantial financial investment, job development
LNG, steel, AI and cars are locations Japan can buy US
Nippon Steel will operate under US management, staff
Japan will not raise defence spending without public support
TOKYO, Feb 9 (Reuters) - Japanese Prime Minister Shigeru Ishiba revealed optimism on Sunday that his nation could avoid greater U.S. tariffs, saying President Donald Trump had actually "identified" Japan's big financial investment in the U.S. and the American tasks that it creates.
At his very first White House summit on Friday, Ishiba informed public broadcaster NHK, he explained to Trump the number of Japanese automakers were creating tasks in the United States.
The 2 did not specifically talk about automobile tariffs, Ishiba said, although he said he did not know whether Japan would go through the reciprocal tariffs that Trump has said he prepares to enforce on imports.
Tokyo has up until now escaped the trade war Trump let loose in his very first weeks in workplace. He has actually announced tariffs on products from Canada, Mexico and China, although he delayed the 25% duties on his North American neighbours to permit talks.
The intensifying trade stress considering that Trump returned to the White House on January 20 threaten to rupture the global economy.
Ishiba said he believes Trump "recognised the truth Japan has been the world's biggest financier in the United States for five straight years, and is therefore various from other countries."
"Japan is developing many U.S. jobs. I believe (Washington) will not go straight to the idea of greater tariffs," he said.
Ishiba voiced optimism that Japan and the U.S.
Ishiba states no talk with Trump on car tariffs at top
Trump acknowledges Japan's US substantial financial investment, job development
LNG, steel, AI and cars are locations Japan can buy US
Nippon Steel will operate under US management, staff
Japan will not raise defence spending without public support
TOKYO, Feb 9 (Reuters) - Japanese Prime Minister Shigeru Ishiba revealed optimism on Sunday that his nation could avoid greater U.S. tariffs, saying President Donald Trump had actually "identified" Japan's big financial investment in the U.S. and the American tasks that it creates.
At his very first White House summit on Friday, Ishiba informed public broadcaster NHK, he explained to Trump the number of Japanese automakers were creating tasks in the United States.
The 2 did not specifically talk about automobile tariffs, Ishiba said, although he said he did not know whether Japan would go through the reciprocal tariffs that Trump has said he prepares to enforce on imports.
Tokyo has up until now escaped the trade war Trump let loose in his very first weeks in workplace. He has actually announced tariffs on products from Canada, Mexico and China, although he delayed the 25% duties on his North American neighbours to permit talks.
The intensifying trade stress considering that Trump returned to the White House on January 20 threaten to rupture the global economy.
Ishiba said he believes Trump "recognised the truth Japan has been the world's biggest financier in the United States for five straight years, and is therefore various from other countries."
"Japan is developing many U.S. jobs. I believe (Washington) will not go straight to the idea of greater tariffs," he said.
Ishiba voiced optimism that Japan and the U.S.
