0
0
0

481 Limestone Road, Oxford, PA 19363  *  Phone (610) 932-4484 *  Fax (610) 932-7324
  
  
 

 
Printable Page Headline News   Return to Menu - Page 1 2 3 5 6 7 8 13
 
 
Trump Needles Japan Over Trade Issues  05/25 11:02

   TOKYO (AP) -- President Donald Trump opened a state visit to Japan on 
Saturday by needling the American ally over its trade imbalance with the United 
States. "Maybe that's why you like me so much," he joshed.

   Trump also promoted the U.S. under his leadership, saying "there's never 
been a better time" to invest or do business in America, and he urged corporate 
leaders to come.

   The president's first event after arriving in Tokyo was a reception with 
several dozen Japanese and American business leaders at the U.S. ambassador's 
residence. He said the two countries "are hard at work" negotiating a trade 
agreement .

   "I would say that Japan has had a substantial edge for many, many years, but 
that's OK," Trump said, joking that "maybe that's why you like me so much."

   His comments underscored the competing dynamics of a state visit designed to 
show off the long U.S.-Japan alliance and the close friendship between Trump 
and Japanese Prime Minister Shinzo Abe even as trade tensions run high.

   Trump landed from his overnight flight shortly after a magnitude 5.1 
earthquake struck just south of Tokyo and rattled the city.

   Abe has planned a largely ceremonial, four-day visit to suit Trump's whims 
and ego. It's part of Abe's charm strategy that some analysts say has spared 
Japan from the full weight of Trump's trade wrath.

   Abe and Trump planned to play golf Sunday before Abe gives Trump the chance 
to present his "President's Cup" trophy to the winner of a sumo wrestling 
championship match. The White House said the trophy is nearly 5 feet (1.5 
meters) tall and weighs between 60 pounds and 70 pounds (27 kilograms and 32 
kilograms).

   On Monday, Trump will become the first head of state to meet Emperor 
Naruhito since he ascended to the throne this month.

   "With all the countries of the world, I'm the guest of honor at the biggest 
event that they've had in over 200 years," Trump said before the trip.

   The president is threatening Japan with potentially devastating U.S. tariffs 
on foreign autos and auto parts. He has suggested he will go ahead with the 
trade penalties if U.S. Trade Representative Robert Lighthizer fails to win 
concessions from Japan and the European Union.

   Trump had predicted that a U.S.-Japan trade deal could be finalized during 
his trip. But that's unlikely given that the two sides are still figuring out 
the parameters of what they will negotiate.

   He nonetheless portrayed the negotiations in a positive light in his remarks 
to the business group.

   "With this deal we hope to address the trade imbalance, remove barriers to 
United States exports and ensure fairness and reciprocity in our relationship. 
And we're getting closer," Trump said. He also urged the business leaders to 
invest more in the U.S.

   He praised the "very special" U.S.-Japan alliance that he said "has never 
been stronger, it's never been more powerful, never been closer."

   Abe made a strategic decision before Trump was elected in November 2016 to 
focus on Japan's relationship with the U.S.

   Abe rushed to New York two weeks after that election to meet the 
president-elect at Trump Tower. Last month, Abe and his wife, Akie, celebrated 
first lady Melania Trump's birthday during a White House dinner.

   Abe and Trump are likely to meet for the third time in three months when 
Trump returns to Japan in late June for a summit of leading rich and developing 
nations.

   Behind the smiles and personal friendship, however, there is deep uneasiness 
over Trump's threat to impose tariffs on Japanese autos and auto parts on 
national security grounds. Such a move would be more devastating to the 
Japanese economy than earlier tariffs on steel and aluminum.

   Trump recently agreed to a six-month delay, enough time to carry Abe past 
July's Japanese parliamentary elections.

   Also at issue is the lingering threat of North Korea, which has resumed 
missile testing and recently fired a series of short-range missiles that U.S. 
officials, including Trump, have tried to play down despite an agreement by the 
North to hold off on further testing.

   Trump's national security adviser, John Bolton , told reporters Saturday 
before Trump arrived that the short-range missile tests were a violation of 
U.N. Security Council resolutions and that sanctions must stay in place.

   Bolton said Trump and Abe would "talk about making sure the integrity of the 
Security Council resolutions are maintained."

   It marked a change in tone from the view expressed by U.S. Secretary of 
State Mike Pompeo in a recent television interview. He said "the moratorium was 
focused, very focused, on intercontinental missile systems, the ones that 
threaten the United States." That raised alarm bells in Japan, where 
short-range missiles pose a serious threat.

   Bolton commented a day after North Korea's official media said nuclear 
negotiations with Washington would not resume unless the U.S. abandoned what 
the North described as demands for unilateral disarmament.


(KA)

 
Copyright DTN. All rights reserved. Disclaimer.
Powered By DTN