Tokyo [Japan], October 28 (ANI): US President Donald Trump and Japanese Prime Minister Sanae Takaichi on Tuesday signed two main agreements after their bilateral assembly, one centred on commerce and the opposite on vital minerals.
The first deal, described as transient, known as for a ‘new golden age’ within the US-Japan alliance and referenced the commerce pact Trump introduced in July. Under that association, a 15 per cent tariff will apply to Japanese exports in change for USD 550 billion in Japanese funding within the United States.
The second settlement established a framework to safe the provision of vital and rare-earth minerals by way of strengthened cooperation in mining and processing.
The initiative goals to spice up provide chain resilience for supplies important to the manufacturing of electronics and superior applied sciences.
The signing adopted Trump’s assembly with Prime Minister Takaichi at Akasaka Palace in Tokyo on Monday, marking the beginning of his official engagements in Japan — the second cease on his three-country Asia tour.
Their discussions laid the groundwork for the 2 landmark offers, reaffirming the strategic and financial partnership between Washington and Tokyo.
During their assembly, the 2 leaders mentioned methods to additional strengthen bilateral ties. Takaichi pledged to construct a ‘new golden period’ of the Japan-US alliance along with Trump, calling the bilateral relationship ‘the best alliance on this planet,’ based on Japanese state media.
She additionally praised Trump’s position in selling peace in West Asia and resolving the battle between Thailand and Cambodia, calling them ‘unprecedented historic achievements,’ the report stated.
Following their discussions, Trump joined Takaichi for the Welcome Ceremony at Akasaka Palace, the place they reviewed the guard of honour and greeted attending officers.
The ceremony mirrored the rising partnership between Washington and Tokyo amid evolving regional and world developments.
The Japanese delegation prolonged a heat welcome to Trump, reaffirming Japan’s dedication to shut cooperation with the United States on commerce, safety, and financial issues.
Takaichi additionally interacted with members of the US delegation, together with Secretary of State Marco Rubio, Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick, the United States Trade Representative, and White House Press Secretary Karoline Leavitt.
Trump’s engagements in Tokyo got here a day after his viewers with Japan’s Emperor Naruhito on the Imperial Palace, the place he described the monarch as ‘an awesome man’.
The assembly lasted for greater than half an hour, and Trump recalled their earlier interplay throughout his 2019 state go to, when he was hosted at a banquet, based on CNN.
Japan is Trump’s second cease on his five-day Asia tour. Earlier, he was in Malaysia, the place he attended the forty seventh ASEAN Summit and took part within the signing of the Cambodia-Thailand peace deal. (ANI)