Feb 25 • 02:15 UTC 🇯🇵 Japan Asahi Shimbun (JP)

Prime Minister Takaichi Promises to 'Steadily Implement' Investment Agreements with the US Amid Trump Administration Tariffs

Prime Minister Takaichi discussed Japan's investment commitments to the US while addressing the impact of tariffs imposed by the Trump administration.

During a session of the House of Councillors, Prime Minister Sanae Takaichi emphasized Japan's commitment to steadily implement the $550 billion investment agreement with the United States, which she linked to mutual benefits and economic security. Responding to questions from opposition leader Masayo Tanabe, she noted the importance of monitoring the impacts of tariffs introduced by the Trump administration on this agreement.

The Trump administration had recently announced a new uniform 10% additional tariff on imports from various countries, as a replacement for a previously deemed illegal "mutual tariff," which raises concerns about trade relations. Takaichi's statements underscore Japan's efforts to navigate these developments while ensuring economic growth and strengthened Japan-US ties amidst fluctuating trade policies.

This discussion comes against a backdrop of increasing scrutiny over international trade dynamics and the implications of tariff policies. Takaichi's remarks reflect Japan's strategic focus on enhancing economic cooperation with the US, particularly in light of the ongoing changes in global trade agreements and the importance of maintaining strong alliances for economic security.

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