Zürcher Nachrichten - Trump tells Japan US is 'strongest level' ally

EUR -
AED 4.241003
AFN 73.32143
ALL 96.264457
AMD 435.49084
ANG 2.066822
AOA 1058.764604
ARS 1597.949484
AUD 1.676973
AWG 2.078272
AZN 1.967396
BAM 1.962489
BBD 2.325728
BDT 141.683564
BGN 1.973561
BHD 0.435685
BIF 3427.417086
BMD 1.154596
BND 1.486969
BOB 8.008298
BRL 6.067751
BSD 1.154731
BTN 109.448969
BWP 15.919471
BYN 3.437216
BYR 22630.074075
BZD 2.322286
CAD 1.604831
CDF 2635.36902
CHF 0.921971
CLF 0.027055
CLP 1068.301597
CNY 7.980392
CNH 7.989998
COP 4249.2467
CRC 536.225485
CUC 1.154596
CUP 30.596784
CVE 110.98555
CZK 24.603629
DJF 205.195187
DKK 7.496448
DOP 68.95827
DZD 153.879614
EGP 60.780401
ERN 17.318934
ETB 180.838585
FJD 2.609838
FKP 0.864865
GBP 0.870276
GEL 3.094767
GGP 0.864865
GHS 12.666364
GIP 0.864865
GMD 84.867224
GNF 10137.349919
GTQ 8.837161
GYD 241.720221
HKD 9.035924
HNL 30.608778
HRK 7.557064
HTG 151.366612
HUF 390.276858
IDR 19617.503194
ILS 3.622683
IMP 0.864865
INR 109.529794
IQD 1512.520257
IRR 1516272.693223
ISK 144.047794
JEP 0.864865
JMD 181.759555
JOD 0.818654
JPY 185.080568
KES 149.986359
KGS 100.96983
KHR 4632.238016
KMF 494.167328
KPW 1039.238007
KRW 1741.130593
KWD 0.355512
KYD 0.962293
KZT 558.235579
LAK 25285.644395
LBP 103394.037822
LKR 363.741444
LRD 212.012665
LSL 19.813301
LTL 3.409221
LVL 0.698404
LYD 7.360592
MAD 10.789123
MDL 20.282399
MGA 4820.437097
MKD 61.637435
MMK 2427.581728
MNT 4133.439787
MOP 9.31702
MRU 46.322813
MUR 54.000874
MVR 17.838939
MWK 2005.532983
MXN 20.922547
MYR 4.530678
MZN 73.836825
NAD 19.813296
NGN 1597.337286
NIO 42.397186
NOK 11.20288
NPR 175.114145
NZD 2.009741
OMR 0.444613
PAB 1.154721
PEN 3.994328
PGK 4.975197
PHP 69.911197
PKR 322.367369
PLN 4.298271
PYG 7549.734427
QAR 4.218027
RON 5.111746
RSD 117.558661
RUB 94.006614
RWF 1686.864195
SAR 4.332448
SBD 9.285301
SCR 16.659944
SDG 693.912357
SEK 10.938258
SGD 1.492666
SHP 0.866246
SLE 28.345751
SLL 24211.30527
SOS 659.855623
SRD 43.413994
STD 23897.798134
STN 24.650616
SVC 10.103439
SYP 127.613163
SZL 19.813287
THB 37.940438
TJS 11.033396
TMT 4.041085
TND 3.37839
TOP 2.779989
TRY 51.302613
TTD 7.845709
TWD 36.998328
TZS 2974.800639
UAH 50.614226
UGX 4301.662877
USD 1.154596
UYU 46.739318
UZS 14091.83988
VES 540.268027
VND 30409.162038
VUV 138.21339
WST 3.180719
XAF 658.200578
XAG 0.0165
XAU 0.000256
XCD 3.120353
XCG 2.081103
XDR 0.816058
XOF 655.810693
XPF 119.331742
YER 275.490657
ZAR 19.766671
ZMK 10392.750198
ZMW 21.737094
ZWL 371.779317
  • RBGPF

    -13.5000

    69

    -19.57%

  • BCC

    0.1400

    74.43

    +0.19%

  • NGG

    -0.4800

    81.92

    -0.59%

  • GSK

    -0.1000

    53.84

    -0.19%

  • RIO

    0.8500

    86.64

    +0.98%

  • BTI

    0.3749

    57.8

    +0.65%

  • AZN

    5.0200

    188.42

    +2.66%

  • BCE

    -0.2200

    25.25

    -0.87%

  • RELX

    -0.1000

    31.97

    -0.31%

  • BP

    0.5100

    46.68

    +1.09%

  • JRI

    -0.2700

    11.8

    -2.29%

  • CMSD

    -0.0900

    22.66

    -0.4%

  • RYCEF

    -0.6100

    14.69

    -4.15%

  • CMSC

    -0.0500

    22.77

    -0.22%

  • VOD

    -0.1400

    14.49

    -0.97%

Trump tells Japan US is 'strongest level' ally
Trump tells Japan US is 'strongest level' ally / Photo: Issei Kato - POOL/AFP

Trump tells Japan US is 'strongest level' ally

Donald Trump told Japan's new leader Sanae Takaichi on Tuesday that Washington is an ally of the strongest level, as the US president visited Tokyo on an Asia trip taking aim at a trade deal with China.

Text size:

Takaichi greeted Trump at the prime minister's residence in Tokyo, her first face-to-face meeting with the US leader just days after she took office.

"We are an ally at the strongest level, and it's a great honour to be with you, especially so early in what will be, I think, one of the greatest prime ministers," he told Takaichi at their meeting.

Takaichi also emphasized the nations' bond, saying "I would like to realise a new golden age of the Japan-US Alliance, where both Japan and the United States will become stronger and also more prosperous."

Trump arrived in Tokyo on Monday for a visit sandwiched between a trip to Malaysia and a meeting in South Korea with Chinese counterpart Xi Jinping that could ease the bruising trade war between the world's two biggest economies, sparked by sweeping US tariffs.

Negotiators from Beijing and Washington have both confirmed a "framework" has been agreed.

In Tokyo, Trump and Takaichi are expected to focus on security and trade between their allied countries.

Takashi Ito, a 58-year-old Tokyo resident, said that "what's important is finding some kind of middle ground" on trade.

"Simply pushing to raise tariffs has already created various issues."

On security, long-pacifist Japan is adopting a more muscular military stance as relations with China worsen.

Takaichi, a China hawk who last week became the first woman to serve as Japan's prime minister, said her government would achieve its target of spending two percent of gross domestic product on defence this year -- two years ahead of schedule.

The United States, which has around 60,000 military personnel in Japan, wants Tokyo to spend even more, potentially matching the five percent of GDP pledged by NATO members in June.

Yee Kuang Heng, a professor at the University of Tokyo's Graduate School of Public Policy, told AFP that in a bid to "deflect US pressure" on Japan to boost defence spending, Takaichi has "preemptively" brought forward the target.

Apart from his meeting with Takaichi, Trump is due to deliver a speech on Tuesday on the USS George Washington aircraft carrier, docked at the US naval base Yokosuka.

He will also have dinner with business leaders, likely including the chairman of carmaker Toyota.

- 'Phenomenal' -

Most Japanese imports into the United States are subject to tariffs of 15 percent, less painful than the 25 percent first threatened but still contributing to a 24-percent slump in US-bound car exports in September in value terms year-on-year.

The car industry accounts for around eight percent of jobs in Japan.

Under the terms of a July trade deal shared by the White House, Japan is expected to invest $550 billion in the United States.

Trump has said he heard "phenomenal things" about Takaichi, "a great ally and friend of Shinzo Abe, who was my friend".

"I think she's going to be great."

Media reports said Trump is expected to ink deals on critical minerals and shipbuilding, adding to a flurry of agreements signed in Malaysia, where the president kicked off his first Asia tour since returning to office.

The greatest prize for Trump -- and for global markets -- remains a China trade deal.

Trump is due to meet Xi on Thursday in South Korea for their first face-to-face talks since the 79-year-old Republican's return to office in January.

"I have a lot of respect for President Xi and we are going to, I think... come away with a deal," Trump told reporters en route from Malaysia, where comments from US and Chinese negotiators raised hopes of an accord.

Trump also indicated he was willing to extend his trip in order to meet North Korean leader Kim Jong Un, though no such meeting has been announced.

S.Scheidegger--NZN